Sunday, February 1, 2009

banking

List of banks in Pakistan
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The following is the list of banks in Pakistan.
Central bank
State Bank of Pakistan
Nationalized scheduled banks
First Women Bank Limited
National Bank of Pakistan
[] Specialized banks
Industrial Development Bank
Punjab Provincial Cooperative Bank
SME Bank
Zarai Taraqiati Bank[1]
[] Private scheduled banks
Allied Bank of Pakistan, Karachi
Arif Habib Bank Limited, Karachi - (Formerly Arif Habib Rupali Bank)
Askari Bank, Rawalpindi
Atlas Bank, Karachi
Bank AL Habib, Karachi
Bank Alfalah, Karachi
BankIslami Pakistan Limited, Karachi
Crescent Commercial Bank, Karachi. 'Saudi based Samba financial group Acquired Crescent Commercial Bank and now it is renamed as Samba Bank Ltd'
Faysal Bank, Karachi www.faysalbank.com
Habib Bank, Karachi
Habib Metropolitan Bank, Karachi
JS Bank
KASB Bank, Karachi
MCB Bank Limited (formerly Muslim Commercial Bank), Islamabad
Mybank Limited, Karachi
NIB Bank, Karachi
PICIC Commercial Bank, Karachi NIB Bank Limited has acquired PICIC Group including Picic Commercial Bank Ltd.'
Saudi Pak Non-Commercial Bank, Karachi
Soneri Bank, Karachi
Union Bank, Karachi - Standard Chartered Bank has acquired Union Bank
United Bank, Karachi
Bank Of Punjab, Lahore
Citi bank,Islamabad
Standard chartered Bank Ltd,Karachi
ABN Amro Bank Ltd,Karachi
HSBC Ltd,Islamabad
Dubai Islamic Bank Ltd,Rawalpindi
Meezan Bank Ltd,Karachi
[] Development financial institutions
Pakistan Industrial Cr and Investment Corp Limited, Karachi 'NIB Bank Limited Acquired PICIC Group, Including Picic Commercial Bank Limited'
Pak Kuwait Investment Company Limited, Karachi
Pak Libya Holding Company Limited, Karachi
Pak-Oman Investment Company Limited, Karachi
Saudi Pak Industrial and Agricultural Investment Company (Pvt) Limited, Islamabad
House Building Finance Corporation, Karachi
Investment Corporation of Pakistan, Karachi
[] Investment banks
Al-Towfeek Investment Bank Limited
Invest Capital Investment Bank Limited
Atlas Investment Bank Limited
Crescent Investment Bank Limited
Escorts Investment Bank Limited
First Cr and Investment Bank Limited[1]
First International Investment Bank Limited
Fidelity Investment Bank Limited
Franklin Investment Bank Limited
Islamic Investment Bank Limited
Jahangir Siddiqui Investment Bank Limited
Orix Investment Bank (Pakistan) Limited
Prudential Investment Bank Limited
Trust Investment Bank Limited
[] Discount and guarantee houses
First Cr & Discount Corp Limited
Prudential Discount & Guarantee House Limited
National Discounting Services Limited
Speedway Fordmetall (Pakistan) Limited
[] Housing finance companies
Asian Housing Finance Limited
Citibank Housing Finance Company Limited
House Building Finance Corporation
International Housing Finance Limited
[] Venture capital companies
Pakistan Venture Capital Limited
Pakistan Emerging Ventures Limited
[] Micro finance banks
The First Micro Finance Bank Limited
Khushali Bank
Karakuram Bank
Network Micro Finance Bank
Pak Oman Micro Finance Bank
Rozgar Micro Finance Bank, Karachi
Tameer Microfinance Bank Limited
Kashf Foundation Limited
[] Islamic banks
Dawood Islamic Bank Limited
Dubai Islamic Bank pakistan limited
"Meezan Bank" Premier Islamic Bank In pakistan
AlBaraka Islamic Bank
BankIslami Pakistan Limited
Emirates Global Islamic Bank
[] Upcoming or transaction in process
Noor Islamic Bank, Dubai will acquire Emirates Global Islamic Bank, Pakistan
ABN AMRO (Pakistan) acquired Prime Bank Pakistan at a price of Rs. 54 per share.
Barclays Bank has successfully acquired banking license from State Bank of Pakistan on 23rd July 2008. Barclays now plan to start its operation with 4 branches starting from August 2008.
BNP Paribas is also likely to start operation in Pakistan and is evaluating possibilities to do so.
Qatar Islamic Bank is looking to expand its operation in Pakistan in the cities of Karachi, Lahore and Islamabad.
In July, 2008, the ABN AMRO (Pakistan) acquired by Royal Bank of Scotland was renamed as Royal Bank of Scotland (Pakistan) [2]

FOREX

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Dollar Rises on Safe-Haven Status
[30 Jan 2009 No Comment ]
The USD may further extend its gains against the EUR today; on speculation that growing evidence of a global slowdown will increase the appeal of the U.S currency to traders as a safe-haven.
Gold and Oil »
Crude Oil, The Picture Perfect Chart
[28 Jan 2009 No Comment ]
Crude Oil is something that I think has huge potential because of its prolonged down trend without any real bounces and also because there is so much interest from traders and investors around the world who want to catch its bounce. The weekly chart is starting to look amazing and the daily chart looks ready to pop.
Forex »
Forexpros.com Daily Analysis
[28 Jan 2009 No Comment ]
The USD is continuing in two-way action as the majors continue to consolidate off their weekly lows; traders note conditions remain thin and the lack of US fundamentals are keeping some sidelined ahead of the FOMC rate announcement tomorrow.
Gold and Oil »
Gold up, Euro down
[26 Jan 2009 No Comment ]
Gold rose for the eighth consecutive year against the dollar in 2008. Thanks to an unstable economy and a…
Forex »
Forexyard Analysis 12.01.09
[12 Jan 2009 No Comment ]
The big news for the USD this week appears to be the continuation of its recent rally. Approaching 1.3400 against…
Uncategorized »
Gold Slips on Dollar Bounce
[6 Jan 2009 No Comment ]
THE PRICE OF GOLD fell further in London on Tuesday morning, sliding 2.2% from Monday's US close to hit $840…