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United Bank Limited (UBL) is a Pakistani commercial bank headquartered in Karachi. [2] It is a subsidiary of British multinational conglomerate, Bestway Group . It is listed on the Pakistan Stock Exchange and it has been designated as a domestic systemically important bank (D-SIB) by the State Bank of Pakistan .
Allied Bank Limited (ABL) Lahore: Askari Bank (Fauji Group) Islamabad: Bank Alfalah Limited (BAFL) Karachi: 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 ...
Sima Kamil is a Pakistani banker, and since August 2020 the deputy governor of State Bank of Pakistan. In May 2017 she became the president and chief executive of United Bank Limited, [1] the first woman to lead a major Pakistani bank. [1] [2]
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. [7] Khawaja Bashir Bux's father, who was originally from Kashmir , had settled in Lahore after being orphaned at a young age. [ 7 ]
In 2001, the State Bank of Pakistan and the Bank of England permitted only two Pakistani banks to operate in the United Kingdom. As a result, NBP and United Bank Limited merged their UK operations to form Pakistan International Bank, with NBP holding a 45% stake and United Bank owning 55%. In 2002, Pakistan International Bank was renamed United ...
The State Bank of Pakistan gained autonomy, and United Bank Limited, which had collapsed, was recapitalized under central bank management. [1] In 1997, Pakistan initiated banking reforms to address long-standing issues within major state-owned banks, such as the National Bank of Pakistan (NBP), Habib Bank Limited (HBL), and United Bank Limited ...
Meezan Bank was founded as an Islamic investment bank in 1997 by Noor Financial, Pak Kuwait Investment Company, and Islamic Development Bank. [5] It was then known as Al-Meezan Investment Bank. [6] In 2000, Meezan Bank was listed on the Karachi Stock Exchange. [7] In 2002, Meezan Bank acquired Pakistan operations of Société Générale. [8]
Bank Alfalah Limited (Urdu: بینک الفلاح لمیٹڈ), formerly known as Habib Credit and Exchange Bank, is a Pakistani commercial bank headquartered in Karachi. It is a subsidiary of an Emirati conglomerate, Abu Dhabi United Group .