Search results
Results from the WOW.Com Content Network
NIB Bank Limited, a Temasek's subsidiary in Pakistan, is a major shareholder of PICIC Insurance Limited with a 30% stake. Temasek Holdings is an investment company owned by the government of Singapore, through which is managed a portfolio of more than US$100 billion, focused primarily in Asia.
The following list contains all the notable banks in Pakistan. State Bank of Pakistan [1] is the Central Bank of Pakistan. Systemically Important Banks.
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]
Commercial bank, owned by Suroor Investment (Mauritius) P A Bank of Azad Jammu & Kashmir: Financials Banks Muzaffarabad: 2005 Commercial bank, owned by Government of Azad Kashmir: S A Bank of Credit and Commerce International: Financials Banks Karachi: 1972 Defunct 1991 P D Bank of Khyber: Financials Banks Peshawar: 1991 Commercial bank, owned ...
Pakistan: State Bank of Pakistan ; Securities and Exchange Commission of Pakistan (SECP) Palestinian National Authority: Palestine Capital Market Authority (PCMA) Panama: Superintendencia de Bancos de Panamá ; Superintendencia del Mercado de Valores ; Superintendencia de Seguros y Reaseguros de Panamá Papua New Guinea
JS Bank was formed after the merger and amalgamation of Jahangir Siddiqui Investment Bank Limited and commercial banking operations of American Express Bank Ltd Pakistan. [12] JS Bank Limited commenced operations in Pakistan as a fully scheduled bank on 30 December 2006. [13] JS Bank's consolidated profits (after tax) for the year 2014 were Rs ...
In 2002, the Islamic investment bank merged with the conventional bank, resulting in the loss of its Shariah-compliant status. [4] This decision was driven by management choices rather than shareholder demands and led to a significant decline in deposits, from Rs31.9 billion in 2001 to Rs24 billion by the end of 2002, representing a 23 percent drop. [4]
The bank started its operations on 7 April 2006 and began offering shariah-compliant retail banking, investment banking, consumer banking, and trade finance products. In May 2015, KASB Bank was acquired by BankIslami and later its branches were merged into BankIslami. [3] KASB Bank was formerly known as Platinum Commercial Bank. [4]