It was created in 1973 through an Act passed by the Parliament of Pakistan, under the premiership of Zulfikar Ali Bhutto. It was amalgamated into the National Bank of Pakistan, by the regime of General Pervez Musharraf in 2001.
The entity was established in 1973 through an Act passed by the Pakistani Parliament during Zulfikar Ali Bhutto's premiership. It was subsequently merged with the National Bank of Pakistan by General Pervez Musharraf's administration in 2001.