Financial Institutions in Pakistan

Following are some of the leading financial institution in Pakistan:

Meezan Bank - It is the Pakistan's first and largest Islamic bank, and has been awarded the Best Islamic Financial Institution in Pakistan by Global Finance magazine at its Annual Awards for the World's Best Islamic Financial Institutions 2011. The winners for the award were judged on the basis of contributing to the growth of Islamic financing and successfully meeting customers' needs for Shariah-compliant products and creating the foundation for continued fast growth in the future.

PAΪR Investment Company Limited (PICL) - PICL was established in 2007 as a company operating in Pakistan registered under the Companies Ordinance, 1984 and classified as a “Development Finance Institution” (DFI) under the regulatory control of the State Bank of Pakistan.

NIB Bank - NIB goal is to become the dominant financial institution in Pakistan. Its business units include: Retail Banking and Transaction Banking; Small Medium Enterprises and Commercial Banking Group; Corporate and Investment Banking Group / Financial Institutions; Treasury of Capital Market Group.

Bank Alfalah Limited - It is a leading financial institution in Pakistan. Being the largest issuer of credit cards in the country, Bank Alfalah Limited further aims to provide even better quality services to its customers. PACRA, a premier rating agency, has rated the Bank 'AA' (double A), Entity Rating for long term and A1+ (A one plus) for the short term.

Tameer Microfinance Bank - It is a private commercial Microfinance bank licensed by the State Bank of Pakistan under the Microfinance Ordnance 2001. Tameer is the first financial institution in Pakistan to introduce bio-metric ATMs in its own branch network.

* Featured Articles:

Securities Firms in Pakistan

Investment Banks in Pakistan

Top Mutual Fund Companies in Pakistan

Author

Kelvin Wong Loke Yuen is a highly experienced education writer. He has obtained many certifications from the UK, USA, Australia and Canada, including an MBA and a Postgraduate Diploma from Heriot-Watt (UK's World-Class University) and a BCom degree from Adelaide (Australia’s Group of Eight University). Follow him on: LinkedIn