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Bank Al-Habib Limited (BAHL) Karachi: Habib Bank Limited (HBL) Karachi: Habib Metropolitan Bank Limited: Karachi: JS Bank Limited (JSBL) Karachi: MCB Bank Limited (MCB) Lahore: Soneri Bank: Karachi: Standard Chartered Pakistan (SC Pakistan) Karachi: Sindh Bank: Karachi: United Bank Limited (UBL) Karachi
The Bank of Khyber (Urdu pronunciation: [bɛŋk əv ˈkʰaɪ.bər] bank-of-KHY-bər) is a provincial government bank owned by Government of Khyber Pakhtunkhwa and based in Peshawar, Pakistan, with 260 branches all over the country.
National Bank of Pakistan (NBP) is a Pakistani government-owned multinational commercial bank which is a subsidiary of State Bank of Pakistan. It is headquartered in Karachi, Pakistan . As of December 2022, it has over 1,500 branches across Pakistan .
Before independence on 14 August 1947, during the British colonial era, the Reserve Bank of India was the central bank for the then undivided subcontinent. On 30 December 1948 the British Government's commission distributed the Reserve Bank of India's reserves between Pakistan and India—30 percent (750 M gold) for Pakistan and 70 percent for India.
In November 2018, the Competition Commission of Pakistan approved Alipay's – a subsidiary of Ant Financial – acquisition of 45% shareholding in the microfinance bank for $184.5 million. [6] [7] In November 2021, the board of MCB bank approved to conduct due diligence to buy 55% shares of Telenor Microfinance Bank. [8] [9] [10]
HBL Microfinance Bank (HBL MfB) was founded as The First MicroFinanceBank Ltd, Pakistan (FMFB-P) in 2002. [5] It was created through a structured transformation of the credit and savings section of the Aga Khan Rural Support Programme (AKRSP), a development programme active in Gilgit-Baltistan and Chitral.
Silkbank was founded in 1994 as Prudential Commercial Bank. [5] It began commercial operations on May 7, 1995. [5] It was subsequently listed on the Karachi Stock Exchange. [6] In September 2001, Saudi Pak Industrial and Agricultural Investment Company acquired Prudential Commercial Bank and renamed it as Saudi Pak Commercial Bank. [7] [5]
Allied Bank was established on 3 December 1942, as Australasia Bank at Lahore with an initial capital of Rs 120,000 by Khawaja Bashir Bux, the son of a silk trader. [3] Khawaja Bashir Bux's father, who was originally from Kashmir , had settled in Lahore after being orphaned at a young age. [ 3 ]