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State Bank of Pakistan
3.7
based on 5 Reviews
Working at State Bank of Pakistan
Company Summary
Overall Rating
3.7/5
based on 5 reviews
3% below
industry average
Highly rated for
Work satisfaction, Salary, Work-life balance
Critically rated for
Promotions
Work Policy
Monday to Friday
80% employees reported
Strict timing
80% employees reported
Within city
50% employees reported
Day shift
100% employees reported
View detailed work policy
Top Employees Benefits
Job/Soft skill training
3 employees reported
Office cab/shuttle
1 employee reported
Child care facility
1 employee reported
Office gym
1 employee reported
View all benefits
About State Bank of Pakistan
Founded in--
India Employee Count--
Global Employee Count1k-5k
Headquarters--
Office Locations
--
Websitesbp.org.pk
Primary Industry
Other Industries
--
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State Bank of Pakistan Ratings
based on 5 reviews
Overall Rating
3.7/5
How AmbitionBox ratings work?
5
4
4
0
3
0
2
0
1
1
Category Ratings
4.6
Work satisfaction
4.5
Salary
4.5
Work-life balance
4.3
Skill development
3.7
Company culture
3.7
Job security
2.1
Promotions
State Bank of Pakistan is rated 3.7 out of 5 stars on AmbitionBox, based on 5 company reviews.This rating reflects an average employee experience, indicating moderate satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
State Bank of Pakistan Reviews
Compare State Bank of Pakistan with Similar Companies
Change Company | Change Company | Change Company | ||
|---|---|---|---|---|
Overall Rating | 3.7/5 based on 5 reviews | 4.1/5 based on 7.1k reviews | 4.1/5 based on 2.4k reviews | 4.0/5 based on 2.1k reviews |
Highly Rated for | Work satisfaction Work-life balance Salary | Work-life balance Company culture Job security | Work-life balance Company culture Job security | Salary Skill development |
Critically Rated for | Promotions | Promotions | No critically rated category | No critically rated category |
Primary Work Policy | - | Hybrid 78% employees reported | Hybrid 61% employees reported | Work from office 59% employees reported |
Rating by Women Employees | - no rating available | 4.0 Good rated by 1.1k women | 4.2 Good rated by 435 women | 4.0 Good rated by 249 women |
Rating by Men Employees | - no rating available | 4.2 Good rated by 5.7k men | 4.1 Good rated by 1.7k men | 4.0 Good rated by 1.7k men |
Job security | 3.7 Good | 4.0 Good | 3.9 Good | 3.4 Average |
View more
State Bank of Pakistan Salaries
State Bank of Pakistan salaries have received with an average score of 4.5 out of 5 by 5 employees.
Survey Associate
(1 salaries)
Unlock
₹10.8 L/yr - ₹13.8 L/yr
State Bank of Pakistan News
View all
SBP Announces Bank Holiday for Zakat Deduction on First Day of Ramadan
- The State Bank of Pakistan (SBP) has declared the first working day of Ramadan 1446 AH as a 'Bank Holiday' for Zakat deduction.
- On this day, public dealings at all banks will remain suspended as part of the annual financial practice.
- All institutions, Development Finance Institutions (DFIs), and Microfinance institutions (MFBs) will be closed for public transactions on the first working day of Ramadan 1446 AH.
- Employees of banks, DFIs, and MFBs will continue to perform their official responsibilities on the Bank Holiday, except for public transactions.
TechJuice | 27 Feb, 2025
Bank Deposits Made Easier with NADRA’s New e-Service
- A new service, e-Sahulat, has been introduced by the National Database and Registration Authority (NADRA) that enables citizens to deposit funds into more than 50 banks.
- The program will enable over 9,000 e-Sahulat franchises to accept deposits that require biometric authentication, with the goal of encouraging digital banking and increasing access to financial services.
- NADRA is implementing a facial recognition verification system in partnership with the Pakistan Telecommunication Authority and the State Bank of Pakistan to make it available to all banks and telecom operators.
TechJuice | 25 Feb, 2025
SBP Introduces Raast Participation Criteria for Seamless Digital Payments
- The State Bank of Pakistan (SBP) has introduced the Raast Participation Criteria to allow entities to join the Raast instant payment system.
- Raast supports instant, secure, and efficient fund transfers for various use cases, including bulk payments and person-to-merchant transactions.
- The Raast Participation Criteria define participant categories and set minimum requirements under four participation models.
- These criteria, effective immediately, aim to enhance the digital payments landscape in Pakistan.
TechJuice | 22 Feb, 2025
SECP & SBP Collaborate for Same-Day Corporate Bank Account Opening
- The Securities and Exchange Commission of Pakistan (SECP) and the State Bank of Pakistan (SBP) are collaborating to expedite the corporate bank account opening process.
- Under the Same-Day Account Opening program, businesses can establish banking relationships quickly, reducing unnecessary delays and streamlining financial transactions.
- The initiative aims to simplify the account opening process by integrating SECP's business registration system with banking procedures in real-time, resulting in faster access to financial services for businesses, particularly SMEs.
- The collaboration is part of SECP's digital transformation efforts and will attract investment and create a more efficient framework for corporate banking in Pakistan.
TechJuice | 7 Feb, 2025
Fitch Ratings Highlights Pakistan’s Progress Toward IMF Commitments
- Pakistan is making steady progress in restoring economic stability and rebuilding external buffers, according to Fitch Ratings.
- Successful implementation of structural reforms will be crucial for upcoming IMF programme reviews and continued financing.
- State Bank of Pakistan's decision to cut policy rates highlights success in controlling inflation and creating stability.
- Pakistan's current account moved into a surplus due to strong remittance inflows, robust agricultural exports, and prudent policies.
TechJuice | 7 Feb, 2025
Government Exceeds Auction Target with Rs. 452 Billion Raised Through T-Bills
- The Government of Pakistan successfully raised Rs. 452 billion through its latest Treasury Bills (T-Bills) auction, slightly exceeding its target of Rs. 450 billion.
- The auction gathered strong market participation with Rs. 918 billion worth of bids, and the T-Bill cut-off yields increased due to monetary policy changes.
- In the breakdown, Rs. 153.2 billion was raised through 3-Month T-Bills, Rs. 28 billion through 6-Month T-Bills, and the highest amount of Rs. 212 billion was raised through 12-Month T-Bills.
- The market interest rates increased as the State Bank of Pakistan made a more restrained 100-basis-point policy rate cut, and inflation figures showed a decline.
TechJuice | 5 Feb, 2025
SBP releases draft National Green Taxonomy for public consultation
- The State Bank of Pakistan (SBP) has released the draft of the National Green Taxonomy for public consultation.
- The taxonomy aims to promote green finance and provide clarity to financial markets about green projects and activities.
- It will help mitigate climate-related financial risks and direct capital flows towards projects aligned with environmental and climate objectives.
- The draft taxonomy is open for public consultation until February 18, 2025.
Mettisglobal | 4 Feb, 2025
SBP Governor Hints at Digital Currency Launch in Pakistan
- State Bank of Pakistan (SBP) Governor Jameel Ahmed has revealed that Pakistan is exploring the launch of digital currency.
- The SBP has conducted extensive research and is seeking legal protection for the utility of digital currency.
- Recommendations will be forwarded to the government for further discussions, and a final decision will be taken by the federal cabinet.
- The SBP is also working to introduce new currency notes with enhanced security features.
TechJuice | 28 Jan, 2025
SBP to Introduce New Currency Notes with Enhanced Security in 2025
- The State Bank of Pakistan (SBP) plans to introduce new currency notes with enhanced security features in the second half of 2025.
- The central bank aims to seek approval from the federal cabinet to issue the new currency notes within two to three months, with completion targeted before June 2025.
- The production and distribution of the new banknotes will happen in sets encompassing each denomination, and the initial denomination to be released is yet to be determined.
- The redesigned currency notes will not enter circulation before the start of the fiscal year in July 2025.
TechJuice | 28 Jan, 2025
Auto Financing Hits Rs235.45bn in December with Lower Interest Rates
- Auto financing in Pakistan reached Rs235.45 billion in December 2024, up from Rs234.6 billion in November.
- The State Bank of Pakistan (SBP) reduced the policy rate to 13% in December, contributing to lower interest rates.
- Stakeholders in the industry are advocating for an increase in the current Rs3 million limitation on auto loans to stimulate demand.
- Market factors such as budgetary policies, political stability, currency reserves, and exchange rates will impact the future of the automotive industry.
TechJuice | 20 Jan, 2025
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State Bank of Pakistan FAQs
What are the pros and cons of working in State Bank of Pakistan?
Working at State Bank of Pakistan comes with several advantages and disadvantages. It is highly rated for work satisfaction, salary & benefits and work life balance. However, it is poorly rated for promotions / appraisal, based on 5 employee reviews on AmbitionBox.
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