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MCB Bank Limited (Urdu: ایم سی بی بینک) is a Pakistani multinational commercial bank which is based in Lahore, Punjab, Pakistan. The majority of shares are owned by Pakistani conglomerate Nishat Group and Malaysian bank Maybank.
Bank Alfalah Limited (Urdu: بینک الفلاح لمیٹڈ), formerly known as Habib Credit and Exchange Bank, is a Pakistani commercial bank headquartered in Karachi. It is a subsidiary of an Emirati conglomerate, Abu Dhabi United Group. [2] It is one of the largest private banks in Pakistan with a network of more than 890 branches in more than 200 cities across Pakistan with an ...
The following list contains all the notable banks in Pakistan. State Bank of Pakistan [1] is the Central Bank of Pakistan.
Faysal Bank started in Pakistan in October 1987, with a tiny branch and as a subsidiary of Faysal Islamic Bank, a Bahraini bank owned by Mohammed bin Faisal Al Saud, the son of the late King Faisal of Saudi Arabia. [4][5] The bank was part of a broader initiative by the Dar al-Maal al-Islami Trust (DMI), a Geneva-based organization founded in 1981 to promote Islamic banking worldwide. [6 ...
HabibMetro Exchange Services. First Habib Modaraba (15.43%) Website. habibmetro.com. Habib Metropolitan Bank, (Urdu: حبیب میٹروپولیٹن بینک) stylized as HABIBMETRO, is a Pakistani commercial bank headquartered in Karachi. It is a subsidiary of Swiss bank Habib Bank AG Zurich. [2]
The State Bank of Pakistan then stabilized the exchange rate by lowering interest rates and buying dollars, to preserve the country's export competitiveness. 2008 was termed a disastrous year for the rupee after the elections: between December 2007 and August 2008, it lost 23% of its value, falling to a record low of Rs.79/ 20 against the US ...
The Interbank Offered Rate (KIBOR) is a daily reference rate based on the interest rates at which banks offer to lend unsecured funds to other banks in the Karachi wholesale (or "interbank") money market. [1]
The State Bank of Pakistan (SBP) (Urdu: اسٹیٹ بینک پاکستان) is the central bank of Pakistan. Its Constitution, as originally laid down in the State Bank of Pakistan Order 1948, remained basically unchanged until 1 January 1974, when the bank was nationalised and the scope of its functions was considerably enlarged.