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According to the World Bank’s Doing Business Report, 2020, [1] Pakistan is No. 1 in terms of big jump in ranking of Ease of Doing Business (EoDB) among 11 biggest economies. Pakistan is the top reformer in the South Asia and among the top 20 reformers in Ease of Doing Business Reforms (EoDB).
Pakistan Industrial Credit and Investment Corporation (PICIC) is a financial institution in Pakistan, one of the first development finance institutions established with the World Bank Group assistance in 1957. [1] In 2007, PICIC Commercial Bank was bought by Singapore owned NIB Bank. [2]
The NRSP Microfinance Bank commenced its operations in March 2011. It is the subsidiary of National Rural Support Programme which is an integrated rural development organization registered under company's ordinance 1984 with corporate law authority Islamabad. [3] [4] The NRSP Microfinance Bank headquarters is in South Punjab city of Bahawalpur. [5]
Development Bank of Latin America and the Caribbean (CAF) Eurasian Development Bank; European Bank for Reconstruction and Development (EBRD) European Investment Bank; Food and Agriculture Organization of the United Nations (FAO) Inter-American Development Bank (IADB) International Bank for Reconstruction and Development (IBRD; part of the World ...
Deutsche Bank AG (Deutsche Bank Pakistan) 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)
Between 2004 and 2013, the World Bank committed to lend or give at least $338 billion, according to bank data. Its private-lending affiliate, the International Finance Corporation, committed to invest at least $116 billion during the same period in corporations and other banks in pursuit of the overall goal of alleviating poverty.
According to the Economic complexity index, Pakistan is the 67th largest export economy in the world and the 106th most complex economy. [10] During the fiscal year 2015–16, Pakistan's exports stood at US$20.81 billion and imports at US$44.76 billion, resulting in a negative trade balance of US$23.96 billion. [11]
The Benazir Income Support Programme was established in 2008 by Yousaf Raza Gillani who took the advice of President Asif Ali Zardari.The program's name is a tribute to former Prime Minister and wife of President Asif Ali Zardari, Benazir Bhutto, who was assassinated in 2007.