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The following list contains all the notable banks in Pakistan. State Bank of Pakistan [1] is the Central Bank of Pakistan. Systemically Important Banks.
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 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.
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 ...
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]
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
NatWest, the 18th bank in the Index, for example, scored more points this year than the number 10 bank in last year’s ranking. “The leaders are leading more, but the pace of growth has doubled ...
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]