Governor State Bank of Pakistan (SBP) Mr. Jameel Ahmad unveiled a Rs. 75 Commemorative Banknote to mark the 75 years of SBP’s Founding in a ceremony held at the SBP Museum, Karachi on Tuesday.
Other notable guests at the ceremony were the Deputy Governors, Executive Directors, Managing Directors of the SBP subsidiaries, Chief Executive Officers/Presidents of commercial banks, officers of the SBP and Mr. Sibtain Naqvi, grand-nephew of the renowned calligrapher Sadequain Naqvi, who attended the occasion on special invitation of the SBP.
Mr. Jameel Ahmed unveiled the Rs. 75 Commemorative Banknote to the applause of the guests. Following the launch, he spoke about the past achievements of the SBP, specifically focusing on its engagement with commercial banks regarding supervision, and the developments therein over the years.
He also highlighted the initiatives of the SBP in recent years, with special mention of micro-payment gateway Raast, Roshan Digital Accounts for overseas Pakistanis, encouragement and facilitation of commercial banks for providing digital banking solutions, and development of inclusive policies for different segments of the society, including women, youth and agriculturists.
The Governor also spoke about the Strategic Plan SBP Vision 2028, outlining key areas that SBP will focus on during this period. These include bringing inflation to the target level in the medium term, promoting fairness in the banking system, propagating gender inclusive policies, encouraging green financing, providing a conducive environment for Shariah compliant banking in line with the directives of the Federal Shariah Court, and transforming the SBP into a high-tech, people centric institution.
He expressed hope that the whole banking industry would work with the SBP in realizing these goals. At the end of his speech, he appreciated the hard work put into the SBP commemorative banknote, and congratulated the team members on the successful launch of the banknote.
