Banking in Pakistan

Banking in Pakistan first formally started in Pakistan during the period of British colonialism in the South Asia. After independence from British Raj in 1947, and the emergence of Pakistan as a country in the globe, the scope of banking in Pakistan has been increasing and expanding continuously. Pakistan's oldest bank is the State Bank of Pakistan, which is also the central bank of the nation. Before independence on August 14, 1947, the Reserve Bank of India was the central bank of what is now Pakistan. After independence, Muhammad Ali Jinnah took actions to establish a central bank in Pakistan which resulted in the new founding of the State bank of Pakistan, with its headquarters to be based in Karachi. Only 7% of the population uses the banks, has tremendous potential, but this needs to be pushed a little further.

Economy of Pakistan

History	Numbering system Five-Year Plans Nationalization Privatization Corporatization Fauji Foundation Islamic economization Economic liberalization Medium Term Development Framework Periods of stagflation

Banking and finance	Banking (List of banks) Pakistan Remittance Initiative

Communications	Currency Mailing Postal codes Postage stamps Telecommunications Dialing codes Internet Mobile network operators Telephone numbers Pakistan Remote Sensing Satellite

Transportation	Airlines Airports Bridges Motorways National highways Railways Railway stations Dry ports Seaports Vehicle plates

Industry	Aerospace Agriculture Fishery Livestock Rice production Tea Defence Automotive Books and publishing Cottage and small scale Forestry Information technology Insurance Mining Media Cinema Television Music Pharmaceuticals Real estate Textiles (Carpets and rugs) Silk Tourism Medical tourism

Infrastructure	Buildings Education Schools Universities Healthcare AIDS Hospitals Housing Poverty Science and technology Water supply and sanitation (Dams) Water resources management

Energy	Electricity Fuel extraction Nuclear power Policy Power companies Power stations Renewable energy Solar power Wind power

Taxation	Federal Board of Revenue Tax on cash withdrawal

Institutions	Companies Islamabad / Karachi / Lahore stock exchanges Ministry of Commerce (Ministers) Ministry of Finance (Ministers) National Bank of Pakistan Planning Commission Research institutes Securities and Exchange Commission State Bank of Pakistan (Governors)

Society	Billionaires Businesspeople Demographics Labour force (Child labour) Public holidays Urbanisation Pensions

Domestic economies	Azad Kashmir Balochistan FATA Gilgit-Baltistan Islamabad Khyber Pakhtunkhwa Punjab Faisalabad Lahore Rawalpindi Sindh (Karachi)

See also	Central business districts Foreign aid Foreign trade International ranking Investment in Pakistan Sister cities Provinces by GDP Pakistanis by net worth Politicians Standard of living

Category

Banking in Pakistan

Central bank	State Bank of Pakistan

Big Four	HBL Pakistan MCB Bank Limited National Bank of Pakistan United Bank Limited Pakistan

Commercial banking	Allied Bank Limited Askari Bank Atlas Bank Bank AL Habib Bank Alfalah Bank of Khyber Bank of Punjab Faysal Bank First Women Bank Habib Metropolitan Bank Industrial Development Bank JS Bank NIB Bank Sindh Bank Soneri Bank Summit Bank Zarai Taraqiati Bank Limited

Microfinance banking	First Micro Finance Bank Khushhali Bank NRSP Microfinance Bank Tameer Microfinance Bank Limited

Islamic banking	BankIslami Pakistan Burj Bank Dubai Islamic Bank Pakistan Limited Meezan Bank

Foreign banks	Barclays HSBC Bank Middle East Royal Bank of Scotland Standard Chartered Pakistan

Defunct banks	Bank of Credit and Commerce International KASB Bank MyBank PICIC Commercial Bank Union Bank

See also	List of banks in Pakistan Pakistan Remittance Initiative Pakistani bankers Institute of Bankers Pakistan National Institute of Banking and Finance

Category

Banking in Asia

Sovereign states	Afghanistan Armenia Azerbaijan Bahrain Bangladesh Bhutan Brunei Cambodia China Cyprus East Timor (Timor-Leste) Egypt Georgia India Indonesia Iran Iraq Israel Japan Jordan Kazakhstan North Korea South Korea Kuwait Kyrgyzstan Laos Lebanon Malaysia Maldives Mongolia Myanmar Nepal Oman Pakistan Philippines Qatar Russia Saudi Arabia Singapore Sri Lanka Syria Tajikistan Thailand Turkey Turkmenistan United Arab Emirates Uzbekistan Vietnam Yemen

States with limited recognition	Abkhazia Nagorno-Karabakh Northern Cyprus Palestine South Ossetia Taiwan

Dependencies and other territories	British Indian Ocean Territory Christmas Island Cocos (Keeling) Islands Hong Kong Macau

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Banking in Pakistan

See also