Professional Documents
Culture Documents
ACADE
MIC
REPOR
T
STATE BANK OF
PAKISTAN
Prepared By:
Amber Memon
Ahsan Ali Soomro
Pareesa Junejo
Iqra Lagari
Seharzish Riaz
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Table of Contents
Acknowledgment....................................................................................3
Executive Summary................................................................................4
1. Introduction.......................................................................................5
1.1 History/Background........................................................................5
2. Overview of Organization....................................................................5
2.1 Vision............................................................................................6
2.2 Mission..........................................................................................6
2.3 Core Values...................................................................................6
2.4 Goals.............................................................................................6
3. Organizational Structure.....................................................................7
4. Departments of SBP...........................................................................7
4.1 Deposit Accounts Dept...................................................................7
4.2 Currency Management Dept...........................................................8
4.3 Prize Bond and Saving Certificate Dept...........................................8
4.4 Internal Monitoring Dept................................................................8
4.5 Public Accounts Dept.....................................................................9
4.6 General Services Dept....................................................................9
6. SWOT Analysis................................................................................10
6.1 Strengths....................................................................................10
6.2 Weaknesses.................................................................................10
6.3 Opportunities...............................................................................10
6.4 Threats........................................................................................10
7. Suggestions & Recommendations......................................................10
8. Conclusion......................................................................................11
9. References.......................................................................................11
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2. Overview of Organization
As we all know that state bank of Pakistan is a nonprofit making
organization. Its main objective is to manage or maintain the currency
supply in country. Increase and decrease in money supply can create
inflation or deflation in country, so these things should be handled
immediately and state bank is doing this. The mission and vision of SBP
is as under.
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3. Organizational Structure
In State Bank of Pakistan, the head is called Chairman or President of
the Bank. And after President there is Five Broad of Directors. SBP has
Seven Departments which control the working of the Divisions, Wing,
Section and Regional of the state bank of Pakistan.
Chairman
Chairman
Presidents
Presidents
Secretariat
Board
of
Board of
Directors
Secretary
Secretary
Board
Board of
of
Directors
Directors
Deposit
Accounts
Accounts
Dept.
Dept.
Currency
Managemen
Managemen
tt Dept.
Dept.
Public
Accounts
Accounts
Dept.
Dept.
Prize
Prize Bond
Bond
and
and Saving
Saving
Certificate
Certificate
Dept.
Dept.
Internal
Monitoring
Monitoring
Dept.
Dept.
General
Services
Services
Dept.
Dept.
IT
Department
4. Departments of SBP
Following are various units at SBP:
4.1 Deposit Accounts Dept
Main functions of the Deposit account unit are;
1. SBP acts as a banker to banks. Commercial banks open their
accounts with state bank. There are accounts of 41 banks and
these accounts are maintained at deposit account unit.
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6.
SWOT Analysis
6.1 Strengths
Strong internal control for
transactions therefore no fraud
has ever been done
Job security, good salary
packages and benefits for
6.2 Weaknesses
Technological backwardness.
Latest procedures and best
practices are not adopted.
Staff is not well trained in IT.
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6.4 Threats
Political instability and pressure
can harm the operations of
SBP.
Excessive government
borrowings.
Circulation of fake currency.
8. Conclusion
SBP greatest strength is their financial background, which happens to be
so strong that even in current market situation they are still in the
position to lend loans to other banks and have also reported profits in the
previous quarter.
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9. References
www.sbp.gov.pk
www.wikipidia.com
www.google.com.pk
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