Explanation

The State Bank of Pakistan was inaugurated on 1st July 1948.

The headquarters of the State Bank of Pakistan in Karachi Sindh.

History of State Bank

Zahid Husain was the founder and the first governor of the SBP from June 1948 to July 1953.

Dr. Shamshad Akhtar was the first female Governor of the SBP in 2006.

Quaid-e-Azam Muhammad Ali Jinnah inaugurated the State Bank of Pakistan.

The Governor is appointed by the President of Pakistan.

Term of five years.