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Standard Chartered Pakistan (Urdu: اسٹینڈرڈ چارٹرڈ پاکستان) is a Pakistani banking and financial services company in Pakistan and is a wholly-owned subsidiary of British multinational bank Standard Chartered. It is Pakistan's oldest and largest foreign commercial bank. Standard Chartered Pakistan currently employs over ...
The merged bank, Standard Chartered Bank (Pakistan), is now Pakistan's sixth largest bank. [26] On 22 October 2006, Standard Chartered announced that it had received tenders for more than 51% of the issued share capital of Hsinchu International Bank ("Hsinchu"), established in 1948 in Hsinchu, Taiwan. [27]
MCB Bank Limited. MCB Islamic Bank Limited. Meezan Bank Limited. National Bank of Pakistan (NBP) Soneri Bank Limited. Standard Chartered Bank (Pakistan) Limited (SC Pakistan) Sindh Bank. The Bank of Tokyo-Mitsubishi UFJ (MUFG Bank Pakistan) United Bank Limited (UBL)
It was established in 1991 with its headquarters in Lahore, Pakistan. In 2000 the bank relocated its headquarters to Karachi. It was acquired by Standard Chartered Bank in 2006. Prior to the merger, it was Pakistan's eighth largest bank and had 65 branches in some 22 cities, about US$2 billion in assets, and about 400,000 customers. [1]
Askari Exchange Company. Foundation Securities Limited (51%) Website. askaribank.com. Footnotes / references. Financials as of 31 December 2023. [update] [1] Askari Bank Limited (Urdu: عسکری بینک), formerly Askari Commercial Bank, is a Pakistani commercial and retail bank headquartered in Islamabad. [2] It is owned by Fauji Foundation.
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.
According to the Economic complexity index, Pakistan is the 67th largest export economy in the world and the 106th most complex economy. [10] During the fiscal year 2015–16, Pakistan's exports stood at US$20.81 billion and imports at US$44.76 billion, resulting in a negative trade balance of US$23.96 billion.
The Karachi Stock Exchange, now consolidated as part of the Pakistan Stock Exchange, is headquartered here along with the largest banks, namely Habib Bank, United Bank, National Bank, Standard Chartered's Pakistani subsidiary and the State Bank – the nation's central bank. It is also the headquarters of media companies Hum Network and Geo ...