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State Bank of Pakistan

The State Bank of Pakistan (SBP; Urdu: بینک دولت پاکستان, romanised: Bank Daulat Pakistan) is the central bank of Pakistan. Its headquarters are located in Karachi, the financial capital of the country. The State Bank of Pakistan Act 1956, with subsequent amendments, forms the basis of its operations today. Its constitution, as originally laid down in the State Bank of Pakistan Order 1948, remained largely unchanged until 1 January 1974, when the bank was nationalised under President Zulfikar Ali Bhutto's presidency and the scope of its functions was considerably enlarged.

Sources and references ↗
PROFILE / FACT FILE

Institutional profile

Name
State Bank of Pakistan [1]
Institution type
Central bank / monetary authority [1]
Jurisdiction / coverage
Pakistan, Islamic Republic of [1]
Established
1948 [2]
Headquarters
Karachi [2]
Official website
www.sbp.org.pk ↗ [1]
Country in background record
Pakistan [2]

Institutional role and background

The State Bank of Pakistan (SBP; Urdu: بینک دولت پاکستان, romanised: Bank Daulat Pakistan) is the central bank of Pakistan. Its headquarters are located in Karachi, the financial capital of the country. The State Bank of Pakistan Act 1956, with subsequent amendments, forms the basis of its operations today. Its constitution, as originally laid down in the State Bank of Pakistan Order 1948, remained largely unchanged until 1 January 1974, when the bank was nationalised under President Zulfikar Ali Bhutto's presidency and the scope of its functions was considerably enlarged. [3]

The bank has a fully owned subsidiary nameed SBP Banking Services Corporation (SBP-BSC), the operational arm of the central bank with branch offices in 16 cities across Pakistan, including the capital Islamabad and the four provincial capitals Lahore, Karachi, Peshawar, Quetta. The State Bank of Pakistan has other fully owned subsidiaries as well: National Institute of Banking and Finance, the training arm of the bank providing training to Commercial Banks, the Deposit Protection Corporation, and ownership of the Pakistan Security Printing Corporation. [3]

Selected introductory text by Wikipedia contributors — State Bank of Pakistan, under CC BY-SA 4.0. Official facts are cited separately.

Institutional history

  1. Establishment date in the institutional background record. [2]

Source-supported connections

State Bank of Pakistan → Jurisdiction in the BOJ directory → Pakistan, Islamic Republic of [1]

Frequently asked questions

When was State Bank of Pakistan established?

1948. See the linked source for the institutional record. [2]

Where is State Bank of Pakistan headquartered?

Karachi. See the linked source for the institutional record. [2]

RELATION MAP

State Bank of Pakistan connection map

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Links retain their source-specific meaning. Award-time affiliations and links to related reading are not claims about current appointments or economic causation.

Sources and review dates

  1. Reference source ↗
  2. Wikidata background facts (CC0) ↗
  3. Wikipedia contributors — State Bank of Pakistan (CC BY-SA 4.0) ↗

Reviewed 23 October 2026. Historical dates and award-time affiliations retain their original context. A review date is not an event date. Background sources are identified separately from official records.

Content preparation: source-based compilation with AI assistance. See methods and attribution. Named sources identify the underlying records; no individual expert review is claimed.