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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]
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]