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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.
The Head Office of Industrial Development Bank of Pakistan is situated at Karachi, Sindh, Pakistan. The Bank currently operates with following 13 branches: In Capital Territory; Islamabad and Rawalpindi Branch (Part of the province of Punjab) In the province of Sindh; Main branch Karachi, Hyderabad and Larkana Branch
Bank Al Habib Limited (Urdu pronunciation: [bɛŋk al ha.ˈbiːb] bank-al-hah-BEEB) is a Pakistani commercial bank based in Karachi. It is one of the largest banks in Pakistan with branches across the country. [2] It also operates wholesale branches in Bahrain and Malaysia and offices in UAE, Turkey , China , and Kenya.
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 .
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On the 26th of September 2005, Dubai Bank joined the sponsors and became one of the founding shareholders of BankIslami by investing 18.75% in the total capital. The bank started its operations on 7 April 2006 and began offering shariah-compliant retail banking , investment banking , consumer banking , and trade finance products.
SCO is a public sector organization working under Ministry of Information Technology and Telecommunication (MoITT) of the Government of Pakistan (GOP). [5] It was founded on 16 July 1976 [6] to develop, operate and maintain telecom services in Azad Jammu & Kashmir and Gilgit Baltistan after then Prime Minister Zulfikar Ali Bhutto “found himself cut off from the rest of the world” during a ...
The Federal Board of Revenue (FBR) (Urdu: وفاقی بورڈ محصولات), formerly known as Central Board of Revenue (CBR), is a federal law enforcement agency of Pakistan that investigates tax crimes, suspicious accumulation of wealth, money-laundering make regulation of collection of tax.