Bank of Balochistan

Bank of Balochistan is a proposed financial institution of the Government of Balochistan, Pakistan. The bank was first proposed in 2017 by Ashraf Mehmood Wathra, then Governor of State Bank of Pakistan (SBP).[1][2]

Establishment

The Bank of Balochistan was conceived to enhance banking facilities within the province and bolster the commercial banking sector's footprint.[2] The provincial administration has earmarked Rs1 billion from its coffers for the bank's inception.[3] The bank is slated to function as a commercial entity while also serving as a government bank.[4][5]

References
  1. "Wathra proposes establishment of Balochistan Bank". Profit by Pakistan Today. March 22, 2017.
  2. "Mar 21, 2017; Wathra wants banks to increase coverage in Balochistan". Dawn Epaper. March 21, 2017.
  3. "Rs1b allocated for setting up Bank of Balochistan". The Express Tribune. July 3, 2021.
  4. "Provincial govt sets aside Rs10b for establishment of Balochistan Bank". July 19, 2017.
  5. "Govt plans to create Balochistan Bank". The Express Tribune. June 17, 2021.
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