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 PrizeDenominationEntry Codes
1Dr. Shery Abidi1stRs.10NDB031353
2Mr. Mirza Sufiyan2ndRs.10NDB030720
3Mr. Haroon Khan1stRs.20NDB031108
4Syed Fawad Hussain1stRs.50NDB031393
5Ms. Memoona Afzal1st, 1stRs.100, Rs.5000NDB031178
6Ms. Hadiya Hassan1stRs.500NDB030815
7Ms. Aynee Zahra2ndRs.500NDB031111
8Ms. Noureen Aslam1stRs.1000NDB0313148
9Mr. Karim Muhammad2ndRs.5000NDB031801

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.

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