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Other links owned by this user |
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State Bank of Pakistan-SBP/Website / The Central Bank / Islamic Republic
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The State Bank of Pakistan is the Central Bank of the Islamic Republic of Pakistan. The Bank started its operations on 1st of July 1948. The current Governor of the State Bank of Pakistan is Dr. Ishrat Husain. The Bank is charged with the duty to regulate the issue of Bank notes and keeping of reserves with a view to securing monetary stability in Pakistan and generally to operate the currency and credit system of the country to its advantage. The scope of the Bank's operations was considerably widened in the State Bank of Pakistan Act 1956, which required 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 utilisation of the country's productive resources.
Like a Central Bank in any developing country, State Bank of Pakistan performs both the traditional and developmental functions to achieve macro-economic goals. The traditional functions, which are generally performed by central banks almost all over the world, may be classified into two groups: (a) the primary functions including issue of notes, regulation and supervision of the financial system, bankers' bank, lender of the last resort, banker to Government, and conduct of monetary policy, and (b) the secondary functions including the agency functions like management of public debt, management of foreign exchange, etc., and other functions like advising the government on policy matters and maintaining close relationships with international financial institutions. The State Bank also has been playing an active part in the process of islamization of the banking system.
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► » Islam: Learn Arabic & Islam Online, Arabic Language Courses
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Islam - Comprehensive Arabic language courses, online Arabic & Islam, and free Islamic education. Learn Arabic online via a classical teaching methodology emphasizing Arabic grammar and Arabic morphology. Learning the Arabic language has never been easier!
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Al Muhajabat Islamic Clothing
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Online since 1997, Al Muhajabat is preserving the tradition of modest clothing to women all over the world with ease.
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Welcome to Asan Quran
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"God has revealed (from time to time) the most beautiful Message in the form of a Book, consistent with itself, (yet) repeating (its teaching in various aspects), the skins of those who fear their Lord tremble thereat; then their skins and their hearts do soften to the celebration of God's praises. Such is the guidance of God: He guides therewith whom He pleases"
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Other links at Other Link Director |
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Adsense - Powered by vBulletin
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AdSenseChat.com is a forum for discussing the Google AdSense program with others. Learn tips and tricks for maximizing your AdSense and making more money with Google AdSense
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Cheese Hunt
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A fun platform game where you must collect all of the cheese.
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