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Development Banks and Financial Institutions

World Bank

The World Bank Group’s mission is to fight poverty and improve the living standards of people in the developing world. It is a development Bank which provides loans, policy advice, technical assistance and knowledge sharing services to low and middle income countries to reduce poverty. The Bank promotes growth to create jobs and to empower poor people to take advantage of these opportunities

Asian Development Bank

ADB is a multilateral development finance institution dedicated to reducing poverty in Asia and the Pacific. Established in 1966, its now owned by 63 members, mostly from the region.

State Bank of Pakistan

The State Bank of Pakistan is the central bank of the country. Usually the starting
point for a central bank is a banking system that is already in place - the banking
system necessitates the presence of a central bank. But the State Bank of Pakistan
(SBP) is unique in the sense that it started its function in a newly born country,
where it also had to shoulder responsibilities of developing and rehabilitating a
banking system and the economy, in addition to the traditional central banking
functions. Performance of the Bank since its inception in 1948, as reviewed in
subsequent pages, shows that it has faced all the challenges with a great zeal and
commitment. The founders of the Bank set a multi-dimensional target before it
that included not only regulation of the monetary and credit system but also the
growth of this system. The vision of its founders was a stable monetary system in
Pakistan with fuller utilization of the country’s productive resources (SBP Act,

Khushhali Bank

Khushhali Bank is the country's first major initiative to bridge the demand for microfinance services. Integral to microfinance services is the intensive and sustained social support for mobilization, management and development of all clients of the bank and their access to basic infrastructure services.


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© 2004 IUCN Pakistan, Balochistan Programme
Developed by Knowledge Management Programme, IUCN Pakistan