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Bank of Pakistan in January 2002 and since then has been working as
the operational
arm of SBP for currency and credit management, facilitating inter-bank
settlement
system, dealing in savings instruments of the government, collecting
revenue and
making payments for and on behalf of government and operational
work relating to
management of debt and foreign exchange. SBPBSC Board comprises
of all the members
from the Central Board of SBP and the Managing Director of SBP-BSC.VISION statement OF SBP - BANKING SERVICE CORPORATION
“To develop SBP into a dynamic and efficient organization equipped
with
requisite technology and human resource capable of extending
sustainable
support to the State Bank of Pakistan in achieving its objectives”
MISSION statement OF SBP – BANKING SERVICE CORPORATION“To provide excellent banking and financial services to stakeholders
besidesensuring implementation of SBP policies in order to command
their trust andrespect”NIBAF – National Institute of Banking & Finance:
NIBAF was established by PBC and was taken over by SBP in 1997.NIBAF is the training
arm and is responsible for design, delivery, development andevaluation of trainings.
Vision of NIBAF is “to be apex institute of Human researchdevelopment in field
of
Banking & Finance”FUNCTIONS of STATE Bank OF PAKISTAN:
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3 Like a Central Bank in any developing country, State Bank of Pakistan performs both thetraditional and developmental functions toachieve macro-economic goals.
TRADITIONAL Functions:●The primary functions including issue of notes, regulation andsupervision of the
financial●system, bankers’ bank, lender of the last resort, banker toGovernment, and
conduct of 4●monetary policy.●The secondary functions including the agency functions likemanagement of publicdebt,●management of foreign exchange, etc.●Other functions like advising the government on policy matters andmaintainingclose
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●relationships with international financial institutions.PromotionalFunctions:●Development of financial framework.●Provision of training facilities to bankers.●Provision of credit to priority sectors.
●Islamization of the banking system.Departments of STATE BANK OF PAKISTAN:
State bank of Pakistan is giant entity and has a very wide scope of
operations which it
performs in variety of fields related to banking. For better
management and efficient as
well as effective execution of these actions in different fields, State
Bank of Pakistan has
formed number of departments. Each department is exclusively
responsible for taking
care of all activities that belong to its department’s scope. A list of
more functional
departments of SBP is given below:1) Agricultural Credit Department2) Banking Inspection (on-site) Department
3) Strategic and Corporate Planning4) Human Resource Department5) Banking Policy & Regulation Department6) Banking Surveillance Department
Functions of Human Resource Department of State Bank of PakistanHuman Resource Department Report on State Bank of PakistanReads:5,973Uploaded:07/22/2009
Category:Research > Business & EconomicsTags:Human Resource Managementstate bank of pakistansbpfunctions(More )
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