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State Bank of Pakistan

The State Bank of Pakistan is the central bank of Pakistan and is the model on which most modern, large central banks have been based. It has a wide range of responsibilities, similar to those of most central banks around the world.It was established in 1948 and headquarters are located in the financial capital of Pakistan, Karachi whereas the bank has a fully owned subsidiary with the name SBP Baking Services Corporation (SBP-BSC) which is the operational arm of the central bank.

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