About Us / Departments / Finance Department  


Finance Department is the custodian of SBP’s books of accounts. The department is entrusted with overall management and supervision of accounting activities of the Bank, financial reporting in accordance with IFRS, currency management, coordination for various audits, preparation of consolidated SBP budget and its ongoing monitoring, financial controls and maintenance/reporting of Government Accounts and balances.

The department also maintains the fixed asset book of SBP, as well as accounts of international financial institutions, executes/makes payments to various suppliers and employees, and advises different departments of the bank on taxation issues. The department works in close liaison with the operational arm of the Bank i.e. SBP BSC in undertaking different functions particularly currency management, government banking, open market operations, central bank deposits and affairs/ transactions relating SBP’s investment and financing to banks.

The bank’s accounting system is fully automated with Globus being used to undertake and record core banking functions Oracle ERP to maintain General Ledger, financial and management reporting, cash management, generation of purchase orders and payments there against, human resources related data etc. The department strives to further streamline existing business processes and generate system based reporting of manual processes wherever possible on ongoing basis.

       
Home
About SBP
Publications
Economic Data
Press Releases
Circulars/Notifications
Laws & Regulations
Monetary Policy
Help Desk
SBP Videos
SBP Welfare Trust
Contact us
What's New?
Speeches
Online Tenders
Web Links

Educational Resources
Regulatory Returns
Library
Rupey ko Pehchano
Events
Zahid Husain Memorial Lecture
Careers
Sitemap
 
Best view Screen Resolution : 1024 * 768
Copyright © 2016. All Rights Reserved.