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List of banks in Pakistan

From Wikipedia, the free encyclopedia

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The following list contains all the notable banks in Pakistan. Sindh's financial sector with its roots in I.I.Chundrigar_Road has for many years ranked in top indices and has led to the amalgamation of indices into the Pakistani Stock Exchange. Pakistan's banking industry includes many a prominent names such as Bestway Group Limited, Allied Bank Limited, Askari Bank, MCB Bank Limited, Habib Bank Limited, Habib Metro, Faysal Bank, National Bank of Pakistan, State Bank of Pakistan , Bank Alfalah. Pakistan Stock Exchange was established on September 18, 1947 and was formally incorporated on March 10, 1949 under the name of Karachi Stock Exchange, as a Company limited by Guarantee. In October 1970, a second stock exchange was established in Lahore to meet the stock trading needs of the provincial metropolis. In October 1989, Islamabad Stock Exchange was established to cater to the investors of the northern parts of the country. Because the three exchanges had separate management, trading interfaces, indices, and had no mutualized structure, therefore the Stock Exchanges (Corporatization, Demutualization and Integration) Act, 2012 was promulgated by the Government of Pakistan which ultimately resulted in the three exchanges integrating their operations effective January 11, 2016 under the new name ‘Pakistan Stock Exchange Limited’ (PSX)[1] State Bank of Pakistan[2] is the Central Bank of Pakistan.

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Systemically Important Banks

Domestically Systemically Important Banks

Source:[3]

More information Name, Headquarters ...

Scheduled Banks

Public Sector Banks

Private Banks

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Public Sector Non-Schedule Banks

  1. Bank of Azad Jammu and Kashmir

Private Banks

  1. Habib Bank AG Zurich (Parent of HabibMetro)
  2. Silkbank (Subsidiary of United Bank Limited)

Islamic banks

Many Islamic Banks are working in Pakistan. The list of banks is given below:

  1. Meezan Bank Limited
  2. Soneri Mustaqeem Islamic Bank
  3. Dubai Islamic Bank
  4. Al Baraka Bank (Pakistan) Limited - Al Baraka Bank
  5. Bank Alfalah Islamic
  6. Bank Makramah Limited (BML)
  7. BankIslami Pakistan Limited
  8. Askari Bank Limited
  9. MCB Islamic Banking
  10. UBL Islamic Banking
  11. HBL Islamic Banking
  12. NBP Islamic Banking
  13. Bank Al Habib Islamic Banking
  14. Bank of Punjab Islamic Banking
  15. Faysal Bank (Islamic)
  16. HabibMetro (Sirat Islamic Banking)
  17. Silk Bank (Emaan Islamic Banking)
  18. Bank Of Khyber (Islamic Window)

These are the names of Islamic banks having accreditation licenses from the State Bank of Pakistan.

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Foreign banks

  1. Deutsche Bank AG (Deutsche Bank Pakistan) Germany
  2. Citibank, N.A. (CitiBank, N.A., Pakistan) United States
  3. Industrial and Commercial Bank of China Limited (ICBC Pakistan) China
  4. Bank of China[4] (Bank of China Pakistan Branch) China
  5. The Hong Kong and Shanghai Bank (HSBC Bank Pakistan) United Kingdom
  6. The Bank of Tokyo-Mitsubishi UFJ (MUFG Bank Pakistan) Japan
  7. Saudi National Bank (Samba Financial Group|Samba Bank (Pakistan) Limited) Saudi Arabia
  8. Standard Chartered Bank (Standard Chartered Bank Pakistan) United Kingdom
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Development finance institutions

  1. House Building Finance Company

See also

References

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