Baker marks multimillion-dollar Cisco network deployment at SBP

US Chargé d’Affaires Natalie Baker and State Bank of Pakistan Governor Jameel Ahmad marked the completion of a multimillion-dollar core banking network and software-defined data centre at the SBP’s Karachi head office on Friday. Business Recorder reported that Cisco was awarded the project, which introduces a new digital infrastructure setup for the central bank.

The system is intended to improve security and resilience while supporting dependable digital banking services across Pakistan. Baker said secure technology was important to financial systems and described the project as reflecting commercial cooperation between the United States and Pakistan. Ahmad and Cisco Pakistan’s Kashif Ul-Haque credited the joint engineering work with completing implementation and migration without interrupting central bank operations.