Part-1

Chapter 1

Broadening Access of Financial Services

• 1.1  Overview
• 1.2  SME Finance
• 1.3  Performance of Microfinance Banks
• 1.4  Export Finance Regime
• 1.5  Infrastructure Project Financing
• 1.6  Islamic Banking
• 1.7 Agricultural Credit Disbursements during FY 2006-07

• 2.1   Overview 
• 2.2   Initiatives undertaken to strengthen the Banking System Stability
• 2.3   Initiatives undertaken to strengthen the Supervisory System

Maintaining Price Stability with Growth

• 3.1   Overview 
• 3.2   Monetary Policy Statement
• 3.3   Conduct of Monetary and Credit Policy
• 3.4   Interest Rate Trends / Yield Curve 
• 3.5   Government Bonds Market
• 3.6   Islamic Money/Sukuk Market
• 3.7   Derivatives Market
• 3.8   Exchange Rate Stability
• 3.9   Forward Looking Framework for Monetary Policy
• 3.10 Strengthening of Research Function
• 3.11 SBP International Conferences and Seminars

Exchange and Reserve Management

• 4.1   Overview 
• 4.2   Exchange Rate Management
• 4.3   Reserve Management
• 4.4   Liberalization of Foreign Exchange Regime 
• 4.5   Exchange Companies

Strengthening of Payment Systems

• 5.1   Overview 
• 5.2   Payment System and Electronic Fund Transfers Act 2007
• 5.3   Real Time Gross Settlement System (RTGS)
• 5.4   Society for Worldwide Inter-bank Financial Telecommunication (SWIFT) 
• 5.5   Service Level Agreement (SLA) and Standard Operating Procedure (SOP) for 1-Link and M-Net Switches
• 5.6   Management of ATM Cash and Downtime
• 5.7   Utility Bills Payment through ATMs
• 5.8   Performance of Retail Payment Systems
• 5.9   E-banking Infrastructure
• 5.10 Clearing of Paper Based Instruments
• 5.11 Local US Dollar Instrument Collection and Settlement System

Part-II

Chapter 6

Human Resources Development

• 6.1   Overview 
• 6.2   HR Profile
• 6.3   Recruitment Challenges
• 6.4   Performance Management System (PMS) 
• 6.5   Training and Development
• 6.6   Library

Information Technology Developments

• 7.1   Overview 
• 7.2   GLOBUS Banking & Currency Solutions
• 7.3   Oracle ERP
• 7.4   Data warehouse 
• 7.5   Web
• 7.6   Infrastructure
• 7.7   Information Security
• 7.8   User Trainings

Part-III

Chapter 8

State Bank of Pakistan Banking Services Corporation (Bank)

• 8.1   Overview 
• 8.2   Corporate Structure of SBP-BSC (Bank)
• 8.3   Currency Management
• 8.4   Banker to the Government
• 8.5   Payment Systems
• 8.6   Foreign Exchange Operation and Adjudication
• 8.7   Export Finance Disbursement and Monitoring
• 8.8   Operational Role in Monetary Management
• 8.9   Internal Audit and Controls
• 8.10  Human Resources
• 8.11  Local Credit Advisory Committees

Chapter 9

National Institute of Banking & Finance (NIBAF)

• 9.1   Overview 
• 9.2   State Bank of Pakistan
• 9.3   SBP-BSC (Bank)
• 9.4   International Training Programs
• 9.5   Rural Finance Resource Center (RFRC)
• 9.6   Islamic Banking Certificate Course

Part-IV

Chapter 10

Annual Budget Review 2006-07

• 10.1   Overview 
• 10.2   Corporate Expenses
• 10.3   Establishment Expenses
• 10.4   Operating Expenses

Chapter 11

Annual Financial Performance Review 2006-07

• 11.1   Overview 
• 11.2   Expenditure
• 11.3   Income
• 11.4   Distributable Profit

Chapter 12

Consolidated Financial Statements of SBP and its subsidiaries

Chapter 13

Financial Statements of SBP

Chapter 14

Financial Statements of SBP-BSC (Bank)

Chapter 15

Financial Statements of NIBAF

Part V

Annexure-A

Annexure-B

Annexture-C

Annexture-D

Annexture-E

Annexure                (Size in pdf 683 KB)

Chronology of Policy Announcements 

• A-1   Banking Policy, Inspection and Supervision
• A-2   Development Finance
• A-3  Exchange Policy
• A-4  Payment System

• B-1   Central Board- Decisions and Deliberations during 2006-07
• B-2   Business Continuation Management
• B-3    Risk Based Audit Approach

Organizational Chart

Management Directory

List of Publications