Knowledge (XXG)

Federal Bank for Cooperatives

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In 2018, the legislative body of Pakistan approved two significant pieces of legislation: one that repealed the establishment and regulation of cooperative banking, and another that repealed the bill concerning the corporation responsible for financing house building. The cooperative banking entity,
135:) was a specialized financial institution in Pakistan that catered to the needs of housing and agricultural cooperatives. Established in 1976, it was one of the oldest banks in the country and played an important role in providing agricultural credit during the early decades after partition. 151:(PPCBL), later called FBC, was established under this concept. The bank has faced several challenges over the years, including bureaucratic tangles and restrictions on doing business. 282: 411: 148: 52: 789: 744: 668: 639: 784: 595: 260: 557: 181: 794: 275: 200:"Establishment of the Federal Bank for Cooperatives and Regulation of cooperative Banking Act, 1977(Repeal by Act XXVi of 2018 s.2)" 376: 160:
initiated in 2002 following the advice of Pakistan's central banking authority, ceased operations officially in April 2014.
799: 734: 613: 760: 421: 268: 479: 401: 199: 779: 729: 406: 724: 524: 344: 649: 228: 552: 519: 318: 708: 698: 547: 509: 542: 504: 439: 381: 349: 298: 673: 359: 334: 42: 216: 567: 469: 396: 339: 28: 534: 587: 514: 431: 391: 386: 773: 644: 634: 449: 368: 703: 605: 454: 310: 144: 572: 562: 474: 444: 577: 459: 416: 688: 678: 659: 693: 629: 302: 293: 247:"Reports seeking to repeal Federal Bank & HBFC Acts presented in NA" 246: 464: 38: 499: 739: 264: 143:
The concept of cooperative banks was introduced during the
217:
https://senate.gov.pk/uploads/documents/1660556572_288.pdf
182:"How one of Pakistan's oldest banks cleaned up its act" 16:
Dissolved specialized financial institution in Pakistan
717: 658: 622: 604: 586: 533: 492: 430: 367: 358: 327: 309: 117: 109: 99: 91: 76: 58: 48: 34: 24: 276: 8: 19: 412:Punjab Provincial Cooperative Bank Limited 364: 283: 269: 261: 149:Punjab Provincial Cooperative Bank Limited 53:Punjab Provincial Cooperative Bank Limited 18: 745:National Institute of Banking and Finance 180:Farooq, Mariam Umar (September 3, 2023). 169: 596:House Building Finance Company Limited 175: 173: 229:"NA passes bills to repeal FBC, HBFC" 7: 121:Financial services for cooperatives 14: 650:Bank of Tokyo Mitsubishi Pakistan 113:Agricultural loans, Housing loans 790:Companies disestablished in 2014 756: 755: 292: 1: 785:Companies established in 1976 735:Institute of Bankers Pakistan 684:Federal Bank for Cooperatives 614:National Savings Organization 129:Federal Bank for Cooperatives 20:Federal Bank for Cooperatives 422:Zarai Taraqiati Bank Limited 558:Dubai Islamic Bank Pakistan 480:Standard Chartered Pakistan 402:Industrial Development Bank 64:; 48 years ago 816: 407:Karakoram Cooperative Bank 795:Defunct banks of Pakistan 753: 725:List of banks in Pakistan 525:Telenor Microfinance Bank 186:Profit by Pakistan Today 553:Al Baraka Bank Pakistan 635:Deutsche Bank Pakistan 520:NRSP Microfinance Bank 319:State Bank of Pakistan 699:PICIC Commercial Bank 548:Bank Makramah Limited 510:HBL Microfinance Bank 800:Agricultural finance 253:. February 16, 2018. 543:BankIslami Pakistan 382:Bank of Balochistan 204:pakistancode.gov.pk 155:Legislative changes 21: 674:Bank of Bahawalpur 360:Commercial banking 233:www.thenews.com.pk 43:Financial services 780:Banks of Pakistan 767: 766: 730:Pakistani bankers 630:Citibank Pakistan 488: 487: 125: 124: 807: 759: 758: 568:MCB Islamic Bank 470:Silkbank Limited 397:First Women Bank 365: 297: 296: 285: 278: 271: 262: 255: 254: 243: 237: 236: 225: 219: 214: 208: 207: 196: 190: 189: 177: 87: 85: 72: 70: 65: 29:Cooperative Bank 22: 815: 814: 810: 809: 808: 806: 805: 804: 770: 769: 768: 763: 749: 713: 654: 618: 600: 582: 535:Islamic banking 529: 500:Advans Pakistan 484: 426: 354: 323: 305: 291: 289: 259: 258: 245: 244: 240: 227: 226: 222: 215: 211: 198: 197: 193: 179: 178: 171: 166: 157: 141: 102: 83: 81: 80:April 2014 68: 66: 63: 17: 12: 11: 5: 813: 811: 803: 802: 797: 792: 787: 782: 772: 771: 765: 764: 754: 751: 750: 748: 747: 742: 737: 732: 727: 721: 719: 715: 714: 712: 711: 706: 701: 696: 691: 686: 681: 676: 671: 665: 663: 656: 655: 653: 652: 647: 642: 637: 632: 626: 624: 620: 619: 617: 616: 610: 608: 602: 601: 599: 598: 592: 590: 588:House building 584: 583: 581: 580: 575: 570: 565: 560: 555: 550: 545: 539: 537: 531: 530: 528: 527: 522: 517: 515:Khushhali Bank 512: 507: 505:Finca Pakistan 502: 496: 494: 490: 489: 486: 485: 483: 482: 477: 472: 467: 462: 457: 452: 447: 442: 436: 434: 432:Private sector 428: 427: 425: 424: 419: 414: 409: 404: 399: 394: 392:Bank of Punjab 389: 387:Bank of Khyber 384: 379: 373: 371: 362: 356: 355: 353: 352: 347: 342: 337: 331: 329: 325: 324: 322: 321: 315: 313: 307: 306: 290: 288: 287: 280: 273: 265: 257: 256: 238: 220: 209: 191: 168: 167: 165: 162: 156: 153: 140: 137: 123: 122: 119: 115: 114: 111: 107: 106: 103: 100: 97: 96: 93: 89: 88: 78: 74: 73: 60: 56: 55: 50: 46: 45: 36: 32: 31: 26: 15: 13: 10: 9: 6: 4: 3: 2: 812: 801: 798: 796: 793: 791: 788: 786: 783: 781: 778: 777: 775: 762: 752: 746: 743: 741: 738: 736: 733: 731: 728: 726: 723: 722: 720: 716: 710: 707: 705: 702: 700: 697: 695: 692: 690: 687: 685: 682: 680: 677: 675: 672: 670: 667: 666: 664: 661: 657: 651: 648: 646: 643: 641: 640:ICBC Pakistan 638: 636: 633: 631: 628: 627: 625: 623:Foreign banks 621: 615: 612: 611: 609: 607: 603: 597: 594: 593: 591: 589: 585: 579: 576: 574: 571: 569: 566: 564: 561: 559: 556: 554: 551: 549: 546: 544: 541: 540: 538: 536: 532: 526: 523: 521: 518: 516: 513: 511: 508: 506: 503: 501: 498: 497: 495: 491: 481: 478: 476: 473: 471: 468: 466: 463: 461: 458: 456: 453: 451: 450:Bank AL Habib 448: 446: 443: 441: 438: 437: 435: 433: 429: 423: 420: 418: 415: 413: 410: 408: 405: 403: 400: 398: 395: 393: 390: 388: 385: 383: 380: 378: 375: 374: 372: 370: 369:Public sector 366: 363: 361: 357: 351: 348: 346: 345:National Bank 343: 341: 338: 336: 333: 332: 330: 326: 320: 317: 316: 314: 312: 308: 304: 300: 295: 286: 281: 279: 274: 272: 267: 266: 263: 252: 248: 242: 239: 234: 230: 224: 221: 218: 213: 210: 205: 201: 195: 192: 187: 183: 176: 174: 170: 163: 161: 154: 152: 150: 146: 138: 136: 134: 130: 120: 116: 112: 108: 104: 98: 94: 90: 79: 75: 61: 57: 54: 51: 47: 44: 40: 37: 33: 30: 27: 23: 704:RBS Pakistan 683: 645:BOC Pakistan 606:Savings Bank 493:Microfinance 455:Bank Alfalah 311:Central bank 250: 241: 232: 223: 212: 203: 194: 185: 158: 145:British rule 142: 132: 128: 126: 25:Company type 573:Meezan Bank 563:Faysal Bank 475:Soneri Bank 445:Askari Bank 440:Allied Bank 377:Bank of AJK 350:United Bank 101:Area served 49:Predecessor 774:Categories 709:Union Bank 578:Samba Bank 460:HabibMetro 417:Sindh Bank 335:Habib Bank 164:References 689:KASB Bank 679:Burj Bank 251:Brecorder 95:Dissolved 761:Category 718:See also 694:NIB Bank 340:MCB Bank 328:Big Four 303:Pakistan 118:Services 110:Products 105:Pakistan 35:Industry 660:Defunct 465:JS Bank 299:Banking 139:History 84:2014-04 82: ( 77:Defunct 67: ( 59:Founded 39:Banking 147:, and 740:KIBOR 662:banks 669:BCCI 127:The 92:Fate 69:1976 62:1976 301:in 133:FBC 776:: 249:. 231:. 202:. 184:. 172:^ 41:, 284:e 277:t 270:v 235:. 206:. 188:. 131:( 86:) 71:)

Index

Cooperative Bank
Banking
Financial services
Punjab Provincial Cooperative Bank Limited
British rule
Punjab Provincial Cooperative Bank Limited


"How one of Pakistan's oldest banks cleaned up its act"
"Establishment of the Federal Bank for Cooperatives and Regulation of cooperative Banking Act, 1977(Repeal by Act XXVi of 2018 s.2)"
https://senate.gov.pk/uploads/documents/1660556572_288.pdf
"NA passes bills to repeal FBC, HBFC"
"Reports seeking to repeal Federal Bank & HBFC Acts presented in NA"
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t
e
Pakistan
Banking
Pakistan
Central bank
State Bank of Pakistan
Habib Bank
MCB Bank
National Bank
United Bank
Commercial banking
Public sector
Bank of AJK
Bank of Balochistan
Bank of Khyber

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