Annual Report 2006-2007 Volume 2

Chapters
Contents

 

Contents

 

Governorís Message
Governance Structure of State Bank of Pakistan
  Part 1 - Strategic Objectives of SBP

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.

    Ensuring Soundness of the Financial Sector
     
  • 2.1    Overview
  • 2.2    Initiatives undertaken to strengthen the Banking System Stability
  • 2.3    Initiatives undertaken to strengthen the Supervisory System
     
  • 3.

    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
  • 4.

    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
  • 5.

    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 2 - Management Strategy of SBP

    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
  • 7.

    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 3 - SBP Subsidiaries

    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
  • 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 4 - Finances of SBP and its Subsidiaries

    10.

    Annual Budget Review 2006-07
  • 10.1     Overview
  • 10.2     Corporate Expenses
  • 10.3     Establishment Expenses
  • 10.4     Operating Expenses
  • 11.

    Annual Financial Performance Review 2006-07
  • 11.1     Overview
  • 11.2     Expenditure
  • 11.3     Income
  • 11.4     Distributable Profit
  • 12.

    Consolidated Financial Statements of SBP and its subsidiaries

    13.

    Financial Statements of SBP

    14.

    Financial Statements of SBP-BSC (Bank)

    15.

    Financial Statements of NIBAF
      Part 5 - Annexure

    Annexure - A

    AChronology of Policy Announcements
  • A-1     Banking Policy, Inspection and Supervision
  • A-2     Development Finance
  • A-3     Exchange Policy
  • A-4     Payment System
  • Annexure - B

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

    Organizational Chart

    Annexure - D

    Management Directory

    Annexure - E

    List of Publications

     

    The Team
      Acknowledgement
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