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Citi Bank N.A (CitiBank N.A Pakistan) Industrial and Commercial Bank of China Limited (ICBC Pakistan) Bank of China [3] (Bank of China Pakistan Branch) The Hong Kong and Shanghai Bank (HSBC Bank Pakistan) The Bank of Tokyo-Mitsubishi UFJ (MUFG Bank Pakistan) Saudi National Bank (Samba Financial Group|Samba Bank (Pakistan) Limited)
Industrial and Commercial Bank of China, the world’s largest bank by total assets This list is based on the April 2024 S&P Global Market Intelligence report of the 100 largest banks in the world. The ranking was based upon assets as reported and was not adjusted for different accounting treatments. [ 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 (UBL). [1] These banks, which were nationalized in the 1970s, faced problems such as bureaucratic corruption, politically motivated lending ...
Habib Bank Limited (often abbreviated as HBL) is a Pakistani bank headquartered at Habib Bank Plaza, Karachi with regional offices in Lahore and Islamabad. It is a subsidiary of Swiss-based organisation Aga Khan Fund for Economic Development (AKFED). Established in 1941 by the Habib Family, it the oldest
JS Bank Limited (JSBL) (Urdu: جے ایس بینک) is a Pakistani commercial bank headquartered in Karachi.It operates as a subsidiary of Jahangir Siddiqui & Co. Limited (JSCL), a financial conglomerate in Pakistan The bank was established in April 2007 as a result of the merger of two banks, Jahangir Siddiqui Investment Bank Limited and American Express Bank.
In 1974, it was renamed Allied Bank of Pakistan following its nationalization, during which Sarhad Bank, Lahore Commercial Bank, and Pak Bank were merged into it. As of 2025, Allied Bank Limited is the 7th largest bank in Pakistan by market capitalization and serves about 7% of all Pakistani bank deposits.
Aziz also rebranded the bank as HabibMetro in an effort to enhance its appeal across Pakistan. [3] During his tenure, the bank deposits grew by 17.3 percent annually, compared to the industry average of 13.1 percent. [3] The bank's net income also grew by 11.4 percent per year, which was higher than the industry average of 5.2 percent. [3]
Its banking operations commenced on November 1, 1997. The bank is engaged in commercial banking and related services as defined in the Banking Companies Ordinance, 1962. [9] In 2004, Bank Alfalah was listed on the Karachi Stock Exchange, following an initial public offering at a strike price of PKR 40 per share. [10]