SBP Reveals New Banknote Designs

sbp reveals new banknote designs

(C)Pakistan Observer,sbp reveals new banknote designs

State Bank of Pakistan (SBP) on Thursday announced the conclusion of the art competition to design the new series of banknotes.

We appreciate the local artists and designers who participated in the competition showcasing their creativity and talent in this important endeavour. After a rigorous evaluation process conducted by a committee of esteemed experts in the relevant fields, the following designs have been selected for the awards,’ a press release issued by the SBP on Thursday reads.

Sr# Artist / Designer Prize Denomination       Entry Codes

1 Dr. Shery Abidi 1st Rs.10                    NDB031353

2 Mr. Mirza Sufiyan 2nd Rs.10                     NDB030720

3 Mr. Haroon Khan 1st Rs.20                   NDB031108

4 Syed Fawad Hussain 1st Rs.50                     NDB031393

5 Ms. Memoona Afzal 1st, Rs.100, Rs.5000     NDB031178

6 Ms. Hadiya Hassan 1st Rs.500                          NDB030815

7 Ms. Aynee Zahra 2nd Rs.500                   NDB031111

8 Ms. Noureen Aslam 1st Rs.1000                 NDB0313148

9 Mr. Karim Muhammad 2nd Rs.5000               NDB031801

The pre-selected designs are suggestive in nature and are being shared with the international designers who have been shortlisted to work with SBP to finalise the designs for the new series of banknotes. While the international designers will draw inspiration from local artwork, they will be free to use their own design expertise and imagination to create the final designs for the new banknote series.

‘The SBP will ensure that the new banknote series reflects our nation’s rich cultural heritage and progressive vision, and hopes that the final designs will fully reflect this collaborative effort. The winners will receive a cash prize, as previously announced, in appreciation of their contribution to this important national project.

‘Further details of the awards ceremony will be announced shortly. Once again, we extend our congratulations to the shortlisted entrants and express our gratitude to all those who have contributed to this competition’.

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