Islamabad Islamabad Islamabad (; ) is the capital city of Pakistan, and is federally administered as part of the Islamabad Capital Territory. Built as a planned city in the 1960s to replace Karachi as Pakistan's capital, Islamabad is noted for its high standards of living, safety, and abundant greenery. With a population of 1,014,825 as per the 2017 Census, Islamabad is the 9th largest city in Pakistan, while the larger Islamabad-Rawalpindi metropolitan area is the country's third largest with a population exceeding four million. The city is the political seat of Pakistan and is administered by the Islamabad Metropolitan Corporation, supported
State Bank of Pakistan arm of the central bank and has branch offices in 15 cities across Pakistan, including the capital city, Islamabad and the four provincial capitals and has head office in Karachi. State bank has other fully owned subsidiaries as well namely, I) National Institute of Banking and Finance (NIBAF) which is the training arm of the bank and also provides training to commercial banks, 2) Deposit Protection Corporation (DPC) and recently SBP was given ownership of 3) Pakistan Security Printing Corporation (PSPC) as well. Before independence on 14 August 1947, during the British colonial era, the Reserve Bank of India was