The State Bank of Pakistan (SBP) is incorporated under the State Bank of Pakistan Act, 1956, which gives the Bank the authority to function as the central bank of the country. The SBP Act mandates the Bank to regulate the monetary and credit system of Pakistan and to foster its growth in the best national interest with a view to securing monetary stability and fuller utilization of the country’s productive resources.
SBP’s Functions are mainly governed by:
- SBP Act, 1956 (as amended up to 28-01-2022)
- Banking Companies Ordinance, 1962
Functions of SBP
Like a Central Bank in any developing country, State Bank of Pakistan performs both the traditional and developmental functions to achieve macro-economic goals.
Location
| State Bank of Pakistan I.I. Chundrigar road Karachi Pakistan |
| https://www.sbp.org.pk/contacts/index.asp |
| U.A.N. 111-727-111 |
| info@sbp.org.pk |