1985:
1592:
1083:
1129:
1995:
105:'s government revitalized them around 2000. This revival brought in professional managers from international banks, leading to improved operational efficiency and financial health. With the support of an additional $ 300 million World Bank loan, this phase focused on restructuring and privatization.
74:
loan for banking reform, which helped in loan recovery and reducing operational losses. Specialized banking courts were established to expedite the processing of pending loan recovery cases. Professional management structures and independent boards were introduced, resulting in workforce downsizing
158:
As of Sep, 2020, the infrastructure of IBI in
Pakistan consists of 22 Islamic banking institutions (IBIs), 5 full-fledged Islamic banks (IBs), and 17 conventional banks with standalone Islamic banking branches (IBBs).
94:(UBL). These banks, which were nationalized in the 1970s, faced problems such as bureaucratic corruption, politically motivated lending, and inefficiencies, leading to significant financial losses and overstaffing.
1060:
941:
399:
316:
816:
551:
1117:
276:
491:
474:
155:
As of Sep, 2020, Islamic banking industry (IBI) assets and deposits of the overall banking industry stood at 16.0 percent and 17.3 percent, respectively.
1246:
1579:
1503:
147:
and provincial governments must amend relevant laws and issued directives that
Pakistan's banking system should be free of interest by December 2027.
1899:
1474:
556:
1430:
1626:
539:
1095:
1874:
1392:
1045:
1004:
777:
447:
387:
1055:
826:
789:
457:
341:
1110:
878:
853:
452:
269:
131:, declaring all the provisions of the Interest Act 1839, which facilitated interest, unlawful. The FSC also declared the prevailing
1950:
936:
811:
1211:
1065:
873:
767:
1070:
799:
718:
353:
1960:
1569:
1518:
1448:
956:
762:
750:
546:
529:
484:
442:
394:
293:
2019:
1709:
1595:
1256:
1103:
1086:
836:
831:
772:
632:
583:
514:
509:
437:
417:
409:
358:
262:
82:
In 1997, Pakistan initiated banking reforms to address long-standing issues within major state-owned banks, such as the
1919:
1314:
1236:
961:
846:
620:
605:
427:
422:
67:
1564:
1241:
348:
108:
In 2018, there were 50.565 million bank accounts in
Pakistan for its population of 207.77 million, resulting in a
1955:
1559:
1359:
1179:
1050:
670:
600:
462:
432:
173:
83:
1914:
1819:
79:
gained autonomy, and United Bank
Limited, which had collapsed, was recapitalized under central bank management.
1641:
1619:
1484:
915:
910:
893:
888:
113:
44:
1924:
1834:
1789:
1869:
1754:
1649:
1387:
931:
784:
687:
615:
588:
479:
1749:
1699:
1759:
1719:
1354:
1153:
883:
740:
728:
593:
336:
168:
144:
76:
52:
1909:
1684:
1879:
1854:
1799:
1769:
1669:
1659:
1543:
1533:
1382:
1344:
1009:
976:
966:
806:
703:
677:
625:
524:
501:
124:
60:
1764:
1694:
1679:
1804:
1965:
1844:
1839:
1809:
1774:
951:
905:
821:
794:
757:
745:
642:
566:
382:
1939:
1859:
1794:
1784:
1612:
1377:
1339:
1274:
1216:
1184:
900:
841:
637:
285:
91:
1994:
70:, Pakistan implemented economic reforms in the late 1990s. These reforms included a $ 250 million
1884:
1779:
1664:
1654:
1508:
1194:
1169:
987:
713:
647:
109:
87:
1929:
1864:
1829:
1744:
1734:
1674:
971:
733:
723:
708:
610:
534:
1970:
1889:
1849:
1824:
1739:
1714:
1704:
1689:
1402:
1304:
1231:
1174:
983:
946:
117:
102:
1729:
1724:
1369:
1019:
519:
375:
370:
365:
1422:
1349:
1266:
1226:
1221:
211:
32:
24:
2013:
1988:
1479:
1469:
1284:
1203:
1029:
467:
311:
1538:
1440:
1289:
1145:
306:
301:
98:
1998:
1407:
1397:
1309:
1279:
48:
20:
1412:
1294:
1251:
71:
55:
was established as the central bank of the country, with its headquarters in
1523:
1513:
1014:
1494:
233:
1528:
1464:
1137:
1128:
132:
28:
1299:
140:
136:
56:
254:
1334:
1024:
1604:
1574:
682:
128:
1608:
1099:
258:
97:
The pace of these reforms slowed in 1998 under Prime
Minister
63:
acted as the central bank for what became
Pakistan.
1938:
1898:
1640:
1552:
1493:
1457:
1439:
1421:
1368:
1327:
1265:
1202:
1193:
1162:
1144:
1038:
997:
924:
866:
696:
656:
574:
565:
500:
408:
325:
292:
112:of 24.34%. There were 15,053 bank branches, 14,148
400:Securities & Exchange Commission of Pakistan
101:'s administration and remained stagnant until
1620:
1111:
270:
8:
475:Pakistan and the International Monetary Fund
234:"Islamic Banking market share reaches 16pc"
1627:
1613:
1605:
1247:Punjab Provincial Cooperative Bank Limited
1199:
1118:
1104:
1096:
571:
277:
263:
255:
1580:National Institute of Banking and Finance
75:and branch closures to reduce costs. The
492:Pakistani economic crisis (2022–present)
185:
127:(FSC) announced a verdict in a case on
1431:House Building Finance Company Limited
205:
203:
201:
199:
197:
195:
193:
191:
189:
227:
225:
7:
19:formally began during the period of
342:Governor of State Bank of Pakistan
14:
1485:Bank of Tokyo Mitsubishi Pakistan
453:Medium Term Development Framework
210:Mangi, Naween A. (July 1, 2002).
1993:
1984:
1983:
1591:
1590:
1127:
1082:
1081:
232:Ahmed, Ali (November 21, 2020).
120:machines active in the country.
1951:British Indian Ocean Territory
854:Mobile phone network operators
1:
1570:Institute of Bankers Pakistan
1519:Federal Bank for Cooperatives
1449:National Savings Organization
395:Pakistan Bureau of Statistics
59:. Prior to independence, the
1257:Zarai Taraqiati Bank Limited
359:Finance Minister of Pakistan
1393:Dubai Islamic Bank Pakistan
1315:Standard Chartered Pakistan
1237:Industrial Development Bank
68:International Monetary Fund
2036:
1242:Karakoram Cooperative Bank
1046:Central business districts
1005:Central business districts
998:Central business districts
51:. After independence, the
1979:
1588:
1560:List of banks in Pakistan
1360:Telenor Microfinance Bank
1079:
463:National debt of Pakistan
174:List of banks in Pakistan
143:. The FSC ruled that the
84:National Bank of Pakistan
43:In 1947, Pakistan gained
1700:East Timor (Timor-Leste)
388:Federal Board of Revenue
66:Under pressure from the
1961:Cocos (Keeling) Islands
1388:Al Baraka Bank Pakistan
1066:Pakistanis by net worth
817:Cottage and small scale
709:Entertainment and Media
688:Pakistan Stock Exchange
480:Foreign aid to Pakistan
448:Economic Liberalization
317:State-owned enterprises
27:, during which much of
1470:Deutsche Bank Pakistan
1355:NRSP Microfinance Bank
1154:State Bank of Pakistan
827:Information technology
790:Science and technology
741:Healthcare in Pakistan
458:Periods of stagflation
337:State Bank of Pakistan
169:State Bank of Pakistan
123:On 28 April 2022, the
77:State Bank of Pakistan
53:State Bank of Pakistan
31:was controlled by the
1534:PICIC Commercial Bank
1383:Bank Makramah Limited
1345:HBL Microfinance Bank
1056:International ranking
1010:I. I. Chundrigar Road
443:Islamic economization
139:system to be against
125:Federal Shariat Court
61:Reserve Bank of India
1875:United Arab Emirates
812:Books and publishing
2020:Banking in Pakistan
1902:limited recognition
1378:BankIslami Pakistan
1217:Bank of Balochistan
286:Economy of Pakistan
212:"The reformed trio"
92:United Bank Limited
17:Banking in Pakistan
1509:Bank of Bahawalpur
1195:Commercial banking
1071:Standard of living
957:Khyber Pakhtunkhwa
925:Domestic economies
800:Telecommunications
145:federal government
88:Habib Bank Limited
2007:
2006:
1944:other territories
1602:
1601:
1565:Pakistani bankers
1465:Citibank Pakistan
1323:
1322:
1093:
1092:
867:People and labour
862:
861:
530:National highways
2027:
1997:
1987:
1986:
1956:Christmas Island
1642:Sovereign states
1629:
1622:
1615:
1606:
1594:
1593:
1403:MCB Islamic Bank
1305:Silkbank Limited
1232:First Women Bank
1200:
1132:
1131:
1120:
1113:
1106:
1097:
1085:
1084:
1061:Provinces by GDP
947:Gilgit-Baltistan
584:Renewable energy
572:
540:Railway stations
418:Numbering system
354:Finance ministry
279:
272:
265:
256:
249:
248:
246:
244:
229:
220:
219:
216:Himal Southasian
207:
110:penetration rate
103:Pervez Musharraf
2035:
2034:
2030:
2029:
2028:
2026:
2025:
2024:
2010:
2009:
2008:
2003:
1975:
1943:
1934:
1915:Northern Cyprus
1901:
1894:
1636:
1635:Banking in Asia
1633:
1603:
1598:
1584:
1548:
1489:
1453:
1435:
1417:
1370:Islamic banking
1364:
1335:Advans Pakistan
1319:
1261:
1189:
1158:
1140:
1126:
1124:
1094:
1089:
1075:
1034:
1020:Gulberg, Lahore
993:
920:
858:
847:Medical tourism
778:Pharmaceuticals
692:
658:
652:
621:Rice production
606:Fuel extraction
576:
561:
496:
428:Nationalization
423:Five-Year Plans
404:
366:Pakistani rupee
329:
327:
321:
288:
283:
253:
252:
242:
240:
231:
230:
223:
209:
208:
187:
182:
165:
153:
151:Islamic Banking
41:
12:
11:
5:
2033:
2031:
2023:
2022:
2012:
2011:
2005:
2004:
2002:
2001:
1991:
1980:
1977:
1976:
1974:
1973:
1968:
1963:
1958:
1953:
1947:
1945:
1936:
1935:
1933:
1932:
1927:
1922:
1917:
1912:
1906:
1904:
1896:
1895:
1893:
1892:
1887:
1882:
1877:
1872:
1867:
1862:
1857:
1852:
1847:
1842:
1837:
1832:
1827:
1822:
1817:
1812:
1807:
1802:
1797:
1792:
1787:
1782:
1777:
1772:
1767:
1762:
1757:
1752:
1747:
1742:
1737:
1732:
1727:
1722:
1717:
1712:
1707:
1702:
1697:
1692:
1687:
1682:
1677:
1672:
1667:
1662:
1657:
1652:
1646:
1644:
1638:
1637:
1634:
1632:
1631:
1624:
1617:
1609:
1600:
1599:
1589:
1586:
1585:
1583:
1582:
1577:
1572:
1567:
1562:
1556:
1554:
1550:
1549:
1547:
1546:
1541:
1536:
1531:
1526:
1521:
1516:
1511:
1506:
1500:
1498:
1491:
1490:
1488:
1487:
1482:
1477:
1472:
1467:
1461:
1459:
1455:
1454:
1452:
1451:
1445:
1443:
1437:
1436:
1434:
1433:
1427:
1425:
1423:House building
1419:
1418:
1416:
1415:
1410:
1405:
1400:
1395:
1390:
1385:
1380:
1374:
1372:
1366:
1365:
1363:
1362:
1357:
1352:
1350:Khushhali Bank
1347:
1342:
1340:Finca Pakistan
1337:
1331:
1329:
1325:
1324:
1321:
1320:
1318:
1317:
1312:
1307:
1302:
1297:
1292:
1287:
1282:
1277:
1271:
1269:
1267:Private sector
1263:
1262:
1260:
1259:
1254:
1249:
1244:
1239:
1234:
1229:
1227:Bank of Punjab
1224:
1222:Bank of Khyber
1219:
1214:
1208:
1206:
1197:
1191:
1190:
1188:
1187:
1182:
1177:
1172:
1166:
1164:
1160:
1159:
1157:
1156:
1150:
1148:
1142:
1141:
1125:
1123:
1122:
1115:
1108:
1100:
1091:
1090:
1080:
1077:
1076:
1074:
1073:
1068:
1063:
1058:
1053:
1048:
1042:
1040:
1036:
1035:
1033:
1032:
1027:
1022:
1017:
1012:
1007:
1001:
999:
995:
994:
992:
991:
981:
980:
979:
974:
969:
959:
954:
949:
944:
939:
934:
928:
926:
922:
921:
919:
918:
913:
908:
903:
898:
897:
896:
886:
881:
879:Businesspeople
876:
870:
868:
864:
863:
860:
859:
857:
856:
851:
850:
849:
839:
834:
829:
824:
819:
814:
809:
804:
803:
802:
797:
787:
782:
781:
780:
775:
770:
765:
755:
754:
753:
748:
738:
737:
736:
731:
726:
721:
716:
706:
700:
698:
694:
693:
691:
690:
685:
680:
675:
674:
673:
662:
660:
654:
653:
651:
650:
645:
640:
635:
630:
629:
628:
623:
618:
608:
603:
598:
597:
596:
591:
580:
578:
569:
563:
562:
560:
559:
557:Vehicle plates
554:
549:
544:
543:
542:
532:
527:
522:
517:
512:
506:
504:
502:Transportation
498:
497:
495:
494:
489:
488:
487:
477:
472:
471:
470:
460:
455:
450:
445:
440:
435:
430:
425:
420:
414:
412:
406:
405:
403:
402:
397:
392:
391:
390:
380:
379:
378:
373:
363:
362:
361:
351:
346:
345:
344:
333:
331:
323:
322:
320:
319:
314:
309:
304:
298:
296:
290:
289:
284:
282:
281:
274:
267:
259:
251:
250:
221:
184:
183:
181:
178:
177:
176:
171:
164:
161:
152:
149:
40:
37:
33:British Empire
13:
10:
9:
6:
4:
3:
2:
2032:
2021:
2018:
2017:
2015:
2000:
1996:
1992:
1990:
1982:
1981:
1978:
1972:
1969:
1967:
1964:
1962:
1959:
1957:
1954:
1952:
1949:
1948:
1946:
1941:
1937:
1931:
1928:
1926:
1925:South Ossetia
1923:
1921:
1918:
1916:
1913:
1911:
1908:
1907:
1905:
1903:
1897:
1891:
1888:
1886:
1883:
1881:
1878:
1876:
1873:
1871:
1868:
1866:
1863:
1861:
1858:
1856:
1853:
1851:
1848:
1846:
1843:
1841:
1838:
1836:
1833:
1831:
1828:
1826:
1823:
1821:
1818:
1816:
1813:
1811:
1808:
1806:
1803:
1801:
1798:
1796:
1793:
1791:
1788:
1786:
1783:
1781:
1778:
1776:
1773:
1771:
1768:
1766:
1763:
1761:
1758:
1756:
1753:
1751:
1748:
1746:
1743:
1741:
1738:
1736:
1733:
1731:
1728:
1726:
1723:
1721:
1718:
1716:
1713:
1711:
1708:
1706:
1703:
1701:
1698:
1696:
1693:
1691:
1688:
1686:
1683:
1681:
1678:
1676:
1673:
1671:
1668:
1666:
1663:
1661:
1658:
1656:
1653:
1651:
1648:
1647:
1645:
1643:
1639:
1630:
1625:
1623:
1618:
1616:
1611:
1610:
1607:
1597:
1587:
1581:
1578:
1576:
1573:
1571:
1568:
1566:
1563:
1561:
1558:
1557:
1555:
1551:
1545:
1542:
1540:
1537:
1535:
1532:
1530:
1527:
1525:
1522:
1520:
1517:
1515:
1512:
1510:
1507:
1505:
1502:
1501:
1499:
1496:
1492:
1486:
1483:
1481:
1478:
1476:
1475:ICBC Pakistan
1473:
1471:
1468:
1466:
1463:
1462:
1460:
1458:Foreign banks
1456:
1450:
1447:
1446:
1444:
1442:
1438:
1432:
1429:
1428:
1426:
1424:
1420:
1414:
1411:
1409:
1406:
1404:
1401:
1399:
1396:
1394:
1391:
1389:
1386:
1384:
1381:
1379:
1376:
1375:
1373:
1371:
1367:
1361:
1358:
1356:
1353:
1351:
1348:
1346:
1343:
1341:
1338:
1336:
1333:
1332:
1330:
1326:
1316:
1313:
1311:
1308:
1306:
1303:
1301:
1298:
1296:
1293:
1291:
1288:
1286:
1285:Bank AL Habib
1283:
1281:
1278:
1276:
1273:
1272:
1270:
1268:
1264:
1258:
1255:
1253:
1250:
1248:
1245:
1243:
1240:
1238:
1235:
1233:
1230:
1228:
1225:
1223:
1220:
1218:
1215:
1213:
1210:
1209:
1207:
1205:
1204:Public sector
1201:
1198:
1196:
1192:
1186:
1183:
1181:
1180:National Bank
1178:
1176:
1173:
1171:
1168:
1167:
1165:
1161:
1155:
1152:
1151:
1149:
1147:
1143:
1139:
1135:
1130:
1121:
1116:
1114:
1109:
1107:
1102:
1101:
1098:
1088:
1078:
1072:
1069:
1067:
1064:
1062:
1059:
1057:
1054:
1052:
1051:Foreign trade
1049:
1047:
1044:
1043:
1041:
1037:
1031:
1030:Serai Quarter
1028:
1026:
1023:
1021:
1018:
1016:
1013:
1011:
1008:
1006:
1003:
1002:
1000:
996:
989:
985:
982:
978:
975:
973:
970:
968:
965:
964:
963:
960:
958:
955:
953:
950:
948:
945:
943:
940:
938:
935:
933:
930:
929:
927:
923:
917:
914:
912:
911:Trades unions
909:
907:
904:
902:
899:
895:
892:
891:
890:
887:
885:
882:
880:
877:
875:
872:
871:
869:
865:
855:
852:
848:
845:
844:
843:
840:
838:
835:
833:
830:
828:
825:
823:
820:
818:
815:
813:
810:
808:
805:
801:
798:
796:
793:
792:
791:
788:
786:
783:
779:
776:
774:
771:
769:
766:
764:
761:
760:
759:
758:Manufacturing
756:
752:
749:
747:
744:
743:
742:
739:
735:
732:
730:
727:
725:
722:
720:
717:
715:
712:
711:
710:
707:
705:
702:
701:
699:
695:
689:
686:
684:
681:
679:
676:
672:
671:List of banks
669:
668:
667:
664:
663:
661:
655:
649:
646:
644:
641:
639:
636:
634:
631:
627:
624:
622:
619:
617:
614:
613:
612:
609:
607:
604:
602:
601:Nuclear power
599:
595:
592:
590:
587:
586:
585:
582:
581:
579:
573:
570:
568:
564:
558:
555:
553:
550:
548:
545:
541:
538:
537:
536:
533:
531:
528:
526:
523:
521:
518:
516:
513:
511:
508:
507:
505:
503:
499:
493:
490:
486:
483:
482:
481:
478:
476:
473:
469:
468:circular debt
466:
465:
464:
461:
459:
456:
454:
451:
449:
446:
444:
441:
439:
436:
434:
433:Privatization
431:
429:
426:
424:
421:
419:
416:
415:
413:
411:
407:
401:
398:
396:
393:
389:
386:
385:
384:
381:
377:
374:
372:
369:
368:
367:
364:
360:
357:
356:
355:
352:
350:
347:
343:
340:
339:
338:
335:
334:
332:
324:
318:
315:
313:
312:KSE 100 Index
310:
308:
305:
303:
300:
299:
297:
295:
291:
287:
280:
275:
273:
268:
266:
261:
260:
257:
239:
235:
228:
226:
222:
217:
213:
206:
204:
202:
200:
198:
196:
194:
192:
190:
186:
179:
175:
172:
170:
167:
166:
162:
160:
156:
150:
148:
146:
142:
138:
134:
130:
126:
121:
119:
116:, and 53,269
115:
111:
106:
104:
100:
95:
93:
89:
85:
80:
78:
73:
69:
64:
62:
58:
54:
50:
46:
38:
36:
34:
30:
26:
22:
18:
1940:Dependencies
1870:Turkmenistan
1835:Saudi Arabia
1814:
1539:RBS Pakistan
1480:BOC Pakistan
1441:Savings Bank
1328:Microfinance
1290:Bank Alfalah
1146:Central bank
1133:
932:Azad Kashmir
916:Unemployment
894:Child labour
889:Labour force
874:Billionaires
665:
575:Resource and
307:KSE 30 Index
302:KMI 30 Index
243:November 21,
241:. Retrieved
237:
215:
157:
154:
122:
107:
99:Nawaz Sharif
96:
81:
65:
45:independence
42:
16:
15:
1999:Asia portal
1900:States with
1820:Philippines
1760:South Korea
1755:North Korea
1650:Afghanistan
1408:Meezan Bank
1398:Faysal Bank
1310:Soneri Bank
1280:Askari Bank
1275:Allied Bank
1212:Bank of AJK
1185:United Bank
937:Balochistan
785:Real estate
616:Agriculture
589:Solar power
438:Corporation
328:governance,
90:(HBL), and
49:British Raj
21:colonialism
1880:Uzbekistan
1855:Tajikistan
1770:Kyrgyzstan
1750:Kazakhstan
1670:Bangladesh
1660:Azerbaijan
1544:Union Bank
1413:Samba Bank
1295:HabibMetro
1252:Sindh Bank
1170:Habib Bank
977:Rawalpindi
967:Faisalabad
884:Demography
768:Automotive
729:Television
719:Newspapers
594:Wind power
577:production
330:regulation
180:References
72:World Bank
25:South Asia
1966:Hong Kong
1920:Palestine
1845:Sri Lanka
1840:Singapore
1720:Indonesia
1524:KASB Bank
1514:Burj Bank
1015:Blue Area
952:Islamabad
807:Transport
763:Aerospace
751:Hospitals
704:Education
678:Insurance
657:Financial
633:Livestock
547:Dry ports
525:Motorways
371:Banknotes
326:Currency,
294:Companies
238:Brecorder
47:from the
2014:Category
1989:Category
1910:Abkhazia
1860:Thailand
1815:Pakistan
1795:Mongolia
1790:Maldives
1785:Malaysia
1685:Cambodia
1596:Category
1553:See also
1529:NIB Bank
1175:MCB Bank
1163:Big Four
1138:Pakistan
1087:Category
1039:See also
906:Pensions
822:Forestry
795:Internet
659:services
643:Forestry
552:Seaports
535:Railways
515:Airports
510:Airlines
485:U.S. aid
383:Taxation
163:See also
133:interest
29:Pakistan
1885:Vietnam
1800:Myanmar
1780:Lebanon
1710:Georgia
1665:Bahrain
1655:Armenia
1495:Defunct
1300:JS Bank
1134:Banking
988:Karachi
901:Poverty
842:Tourism
837:Tobacco
832:Textile
773:Defence
666:Banking
638:Fishery
567:Sectors
520:Bridges
410:History
376:Coinage
141:Shariah
137:banking
135:-based
86:(NBP),
57:Karachi
39:History
1930:Taiwan
1865:Turkey
1830:Russia
1765:Kuwait
1745:Jordan
1735:Israel
1695:Cyprus
1680:Brunei
1675:Bhutan
1025:Saddar
972:Lahore
962:Punjab
714:Cinema
648:Mining
349:Budget
1971:Macau
1890:Yemen
1850:Syria
1825:Qatar
1805:Nepal
1740:Japan
1715:India
1705:Egypt
1690:China
1575:KIBOR
1497:banks
984:Sindh
734:Music
724:Radio
697:Other
683:KIBOR
1810:Oman
1775:Laos
1730:Iraq
1725:Iran
1504:BCCI
942:FATA
746:AIDS
611:Food
245:2020
129:Riba
114:ATMs
1942:and
1136:in
626:Tea
118:POS
35:.
23:in
2016::
236:.
224:^
214:.
188:^
1628:e
1621:t
1614:v
1119:e
1112:t
1105:v
990:)
986:(
278:e
271:t
264:v
247:.
218:.
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