Pakistan Banking Sector comprises of Commercial Banks, Foreign Banks, Islamic Banks, Development Financial Institutions and Microfinance Banks. The Industry constitutes around 31 banks of which five are public sector banks, 22 are private banks and 4 are foreign banks.
The State Bank of Pakistan is the central bank of Pakistan. The central bank is responsible for managing the liquidity and safeguarding country’s financial system. All of the banks in Pakistan falls under the supervision of State Bank of Pakistan.
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Habib Bank Limited (HBL):
Habib Bank Limited has been a pioneer in the banking industry. From bringing back international cricket to the country by HBL PSL, to helping strengthen the country’s economy through initiative like CPEC. Not only this, HBL also provides numerous discount offers for HBL card holders on almost everything.
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Standard Chartered:
Standard Chartered is a leading international bank. Operating in Pakistan for over 150 years. It is the first international bank to get an Islamic banking license to open the first Islamic Banking branch in the country. Apart from that Standard Chartered also provide their card holders a number of discount offers.
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JS Bank:
One of the fastest growing banks in Pakistan. It has 345 branches in 172 cities. JS Bank also has an international presence and digital banking space. They cater to deals and discounts for their customers as well.
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Meezan Bank:
Meezan Bank has established as the first and largest Islamic Bank in the country. With a branch network of 600 branches in 180 cities. They cater to all categories of customers in addition to discounts offers as well.
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