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About State Bank of Pakistan
The State Bank of Pakistan (SBP) is the central bank responsible for regulating the country's monetary and credit systems, ensuring financial stability, and fostering economic growth. It offers services like monetary policy formulation, banking supervision, and management of foreign exchange reserves. The SBP targets the entire financial sector, including banks and government institutions. Its unique selling proposition is its role as a lender of last resort and its efforts in promoting financial inclusion and Islamic banking. The SBP also supports initiatives like the Roshan Digital Account for overseas Pakistanis[1][3].
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