|
List Of Banks In Pakistan
The following is the list of notable banks in Pakistan. State Bank of Pakistan is the Central Bank of Pakistan. Systemically Important Banks Domestically Systemically Important Banks * Habib Bank Limited (HBL) * National Bank of Pakistan (NBP) * United Bank Limited (UBL) Total number of Schedule Banks # Al Baraka Bank (Pakistan) Limited # Allied Bank Limited (ABL) # Askari Bank # Bank Alfalah Limited (BAFL) # Bank Al-Habib Limited (BAHL) # BankIslami Pakistan Limited # Bank of Punjab (BOP) # Bank of Khyber # Deutsche Bank A.G # Dubai Islamic Bank Pakistan Limited (DIB Pakistan) # Faysal Bank Limited (FBL) # First Women Bank Limited # Habib Bank Limited (HBL) # Habib Metropolitan Bank Limited # Industrial and Commercial Bank of China # Industrial Development Bank of Pakistan # JS Bank Limited # MCB Bank Limited # MCB Islamic Bank Limited # Meezan Bank Limited # National Bank of Pakistan (NBP) # Summit Bank Pakistan # Standard Chartered Bank (Pakistan) Limited ( ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
State Bank Of Pakistan
The State Bank of Pakistan (SBP) ( ur, ) is the Central Bank of Pakistan. Its Constitution, as originally laid down in the State Bank of Pakistan Order 1948, remained basically unchanged until 1 January 1974, when the bank was Nationalized and the scope of its functions was considerably enlarged. The State Bank of Pakistan Act 1956, with subsequent amendments, forms the basis of its operations today. The headquarters are located in the financial capital of the country in Karachi. The bank has a fully owned subsidiary with the name SBP Banking Services Corporation (SBP-BSC), the operational arm of the Central Bank with Branch Office in 16 cities across Pakistan, including the capital Islamabad and the four Provincial Capitals Lahore, Karachi, Peshawar, Quetta. The State Bank of Pakistan has other fully owned subsidiaries as well: National Institute of Banking and Finance, the training arm of the bank providing training to Commercial Banks, the Deposit Protection Corporation, and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
HabibMetro
Habib Metropolitan Bank, () commonly known as HABIBMETRO, is a Pakistani subsidiary of Swiss bank Habib Bank AG Zurich. It is based in Karachi, Pakistan. It has a branch network of 490+. History The bank was founded in October 1992 as Metropolitan Bank and subsequently started its operations. Habib Bank AG Zurich was founded by Mohammed Ali Habib of the House of Habib as the government started privatization in Pakistan, privatization of the banking sector in Pakistan. In 2006, Habib Bank AG Zurich's Pakistan operations were merged into Metropolitan Bank Limited and subsequently renamed Habib Metropolitan Bank Limited. In 2015, HABIBMETRO won Asian Development Bank (ADB) award. The parent bank, Habib Bank AG Zurich has operations in Hong Kong, Singapore, United Arab Emirates, Kenya, South Africa, United Kingdom and Canada. FinCEN HABIBMETRO was named in FinCEN leak, published by BuzzFeed News, Buzzfeed News and the International Consortium of Investigative Journalists (ICIJ) ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Al Habib
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the anc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Of Azad Jammu & Kashmir
Bank of Azad Jammu & Kashmir is the state-owned bank of Government of Azad Kashmir which is based in Muzaffarabad, Azad Kashmir. It was founded in 2005. The bank has 80 branches all of which are located in Azad Kashmir. Record bigh assets The total assets value of the bank reached the highest level in the first six months of the 2022 calendar year, hence setting a record in the institutions 15-year history. See also * Economy of Azad Kashmir The economy of Kashmir is largely a developing one. The per capita income and provincial GDP estimates of Azad Kashmir are comparatively underrated when compared with development in other regions of the country although Azad Kashmir notably has a ... References Banks of Pakistan Economy of Azad Kashmir Muzaffarabad District Pakistani companies established in 2005 Banks established in 2005 Government-owned banks of Pakistan {{Bank-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Zarai Taraqiati Bank Limited
The Zarai Taraqiati Bank Limited (ZTBL) ( ur, ), formerly known as Agricultural Development Bank of Pakistan, is Pakistani government-owned agricultural development bank which is based in Islamabad, Pakistan. Founded in 1961 as the agricultural development bank, the bank was renamed in 2002 as Zarai Taraqiati Bank Limited (ZTBL) and was subsequently incorporated as a public limited company in 2002 under Companies Ordinance 1984. The bank provides agricultural credit and banking services to farmers across the country. It remains the largest public sector agriculture development financial institution in the country. History Agricultural Development Finance Corporation was created in 1952 under a Central Act for the purpose of expanding financial facilities and promoting the Development and Modernization of Agriculture in Pakistan. In 1957, the Agricultural Bank of Pakistan was established and advanced both short and long-term loans. Both these institutions were merged as the Agr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
MUFG Bank
is the largest bank in Japan. It was established on January 1, 2006, following the merger of the Bank of Tokyo-Mitsubishi, Ltd. and UFJ Bank Ltd. MUFG is one of the three so-called Japanese "megabanks" (along with SMBC and Mizuho). As such, it is considered a systemically important bank by the Financial Stability Board. The bank serves as the core retail, corporate, and investment banking arm of the Mitsubishi UFJ Financial Group. Its traditional client base is made up of Japanese corporates, but overseas corporate lending increased 35% in the nine months to December 31, 2011. As of June 23, 2019, Mitsubishi UFJ Financial Group / MUFG Bank was ranked as the largest bank in Japan and the fourth largest in the world. The bank's head office is in Marunouchi, Chiyoda, Tokyo, and it has 772 other offices in Japan and 76 offices overseas. History Formation MUFG Bank is the product of three bank mergers that occurred between 1996 and 2006. Mitsubishi Bank was founded in 1880 by ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sindh Bank
Sindh (; ; ur, , ; historically romanized as Sind) is one of the four provinces of Pakistan. Located in the southeastern region of the country, Sindh is the third-largest province of Pakistan by land area and the second-largest province by population after Punjab. It shares land borders with the Pakistani provinces of Balochistan to the west and north-west and Punjab to the north. It shares International border with the Indian states of Gujarat and Rajasthan to the east; it is also bounded by the Arabian Sea to the south. Sindh's landscape consists mostly of alluvial plains flanking the Indus River, the Thar Desert in the eastern portion of the province along the international border with India, and the Kirthar Mountains in the western portion of the province. The economy of Sindh is the second-largest in Pakistan after the province of Punjab; its provincial capital of Karachi is the most populous city in the country as well as its main financial hub. Sindh is home t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Standard Chartered Pakistan
Standard Chartered Pakistan () is a Pakistani banking and financial services company in Pakistan and is a wholly-owned subsidiary of British multinational bank Standard Chartered. It is Pakistan's oldest and largest foreign commercial bank. It employs over 2,200 people in its 40 branches in 10 cities of Pakistan. History The history of Standard Chartered in Pakistan dates back to 1863, when the Chartered Bank of India, Australia and China first established its operations in Karachi. In 2006, Standard Chartered Bank acquired Pakistan's Union Bank. On 30 December 2006, Standard Chartered merged Union Bank with its own subsidiary, Standard Chartered Bank (Pakistan), to create Pakistan's sixth largest bank. FinCEN Standard Chartered was named in FinCEN leak, published by Buzzfeed News and the International Consortium of Investigative Journalists The International Consortium of Investigative Journalists, Inc. (ICIJ), is an independent global network of 280 investigative ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Summit Bank
Summit Bank ( ur, ) is a Pakistani commercial bank, which is a subsidiary of Suroor Investment and is in Karachi, Pakistan., a Mauritius investment company. It has a network of 193 branches across the country. History In 2007, Arif Habib Securities Limited acquired Pakistan Operations of Rupali Bank Limited, under the Scheme of Amalgamation by the State Bank of Pakistan The State Bank of Pakistan (SBP) ( ur, ) is the Central Bank of Pakistan. Its Constitution, as originally laid down in the State Bank of Pakistan Order 1948, remained basically unchanged until 1 January 1974, when the bank was Nationalized and .... In 2010, Suroor Investments Ltd. acquired a 59.41% stake in Arif Habib Bank Ltd. Suroor Investments is an investment firm based in Mauritius. Later in 2010, Arif Habib Bank Ltd. was rebranded under the name of Summit Bank Ltd. Suroor Investments Ltd. acquired the majority shares of Atlas Bank Ltd. and MyBank Ltd. and these banks were later on came under the um ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Meezan Bank
Meezan Bank ( ur, ) is the first Islamic bank in Pakistan and commenced operations in 2002, after being issued the first-ever Islamic commercial banking licence by the State Bank of Pakistan. The Bank is headquartered at Meezan House in Karachi, Pakistan. It has a network of over 890 branches. The bank has a market share of 35% in the Islamic banking industry of the country. History The bank started as an Islamic investment bank in 1997 and was then known as Al-Meezan Investment Bank. In 2002, Meezan Bank acquired Pakistan operations of Société Générale. In 2014, Meezan Bank signed an agreement with HSBC Bank Middle East to acquire HSBC's Pakistan operations consisting of 10 branches. In 2015, Meezan Bank acquired Pakistan operations of HSBC Oman consisting of a single branch. Shareholding structure *Noor Financial Investment Company (35.25 percent) *Pak Kuwait Investment Company (30.00 percent) *Islamic Development Bank The Islamic Development Bank ( ar, البن٠... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
MCB Islamic Bank
MCB Islamic Bank is a Pakistani Islamic bank which is a subsidiary of MCB Bank MCB Bank Limited () is a Pakistani multinational commercial bank which is based in Lahore, Punjab, Pakistan. The majority of shares are owned by Pakistani conglomerate Nishat Group and Malaysian bank Maybank. The bank has a network of 1,600 br .... It was established in 14 September 2015. In 2015, MIB was established as a demerger from MCB and NIB Bank for . References {{DEFAULTSORT:MCB Islamic Bank Nishat Group Banks established in 2015 Islamic banks of Pakistan Companies based in Lahore Pakistani companies established in 2015 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
MCB Bank
MCB Bank Limited () is a Pakistani multinational commercial bank which is based in Lahore, Punjab, Pakistan. The majority of shares are owned by Pakistani conglomerate Nishat Group and Malaysian bank Maybank. The bank has a network of 1,600 branches in Pakistan. It was incorporated by the Adamjee Group on July 9, 1947. The bank was established to provide banking facilities to the business community of South Asia. The bank was nationalized in 1974 during the government of Zulfikar Ali Bhutto. This was the first bank to be privatized in 1991 and the bank was purchased by a consortium of Pakistani corporate groups led by Nishat Group. As of June 2008, the Nishat Group owns a majority stake in the bank. The current President/CEO of the bank is Shoaib Mumtaz. The group has a presence in the business sectors of the country such as banking, textile, cement, and insurance. Mian Muhammad Mansha is chairman of both the group and MCB. The bank has established an Islamic Banking unit to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
.jpg "Click for more on -> MUFG Bank")
