In: Finance
Q#07: List five functions of following financial institutions?
give accurate answers with examples
IMF
World Bank
SBP
the State Bank of Pakistan performed all the traditional and non-traditional functions. The traditional functions, which are generally performed by central banks all over the world, are classified into two groups; • The primary functions including issue of notes, regulation of the financial system, lender of the last resort, and conduct of monetary policy, • The secondary functions including management of public debt, management of foreign exchange, advising the Government on policy matters, anchoring payments system, and maintaining close relationships with international financial institutions.