The State Bank of Pakistan (SBP) is pleased to announce the successful conclusion of Art Competition
for the designs of the new banknote series. We appreciate the local artists and designers who
participated in the competition showcasing their creativity and talent in this important endeavor.

After a rigorous evaluation process conducted by a committee of esteemed experts from relevant fields, the
following designs, as tabulated at Annexure-A have been selected for award of prizes:

S.# 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, 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 shortlisted designs are suggestive in nature and are being shared with international designers who
have been shortlisted to work with SBP and finalize designs for the new banknote series. The
International designers, while drawing inspiration from the local art submissions, will, however, be free
to employ their own design expertise and imagination to create final designs for the new banknotes
series.

The SBP will ensure that the new banknote series reflects the rich cultural heritage and progressive
vision of our nation, and hopes the final designs fully reflects this collaborative effort. Winners will be
awarded prize money, as per earlier announcement, to appreciate their contribution to this important
national project. Further details regarding the award ceremony will be communicated shortly.

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Once again, we extend our congratulations to the shortlisted participants and express our gratitude to all
who contributed to this competition.

Annexure-A

1st Prize-Rs.10-NDB031353
Obverse Reverse
2nd Prize-Rs.10-NDB030720
Obverse Reverse
1st Prize-Rs.20-NDB031108
Obverse Reverse
1st Prize-Rs.50-NDB031393
Obverse Reverse
1st Prize-Rs.100-NDB031178
Obverse Reverse
1st Prize-Rs.500-NDB030815
Obverse Reverse
2nd Prize-Rs.500-NDB031111
Obverse Reverse
1st Prize -Rs.1000-NDB0313148
Obverse Reverse
1st Prize-Rs.5000-NDB031178
Obverse Reverse
2nd Prize-Rs.5000-NDB031801
Obverse Reverse