Crescent Commercial Bank Limited ("CCBL" or "CresBank") is a scheduled commercial bank, licensed by the State Bank of Pakistan ("SBP") under Section 27 of the Banking Companies Ordinance 1962. The bank was incorporated on November 12, 2002 with its registered office in Karachi.
CresBank was formed as a result of an agreement between Crescent Investment Bank Limited ("CIBL") and Mashreqbank psc ("Mashreqbank") for the amalgamation of CIBL and Mashreqbank’s Pakistan operations into a new banking company. The amalgamation took place on July 9, 2003 under a Scheme of Amalgamation approved by the respective shareholders and sanctioned by the SBP under Section 48 of the Banking Companies Ordinance 1962.
On March 30, 2007 Samba Financial Group ("Samba") acquired 68.4% of CresBank by subscribing to six hundred million new ordinary shares for a consideration of PKR 6.0 billion. CresBank’s Board has been reconstituted to appropriately reflect the change in the bank’s ownership. CCBL’s new Board of Directors bring immense banking and business judgment, strong knowledge of the global banking industry, and a deep understanding of the opportunities and challenges faced by the bank. The expertise and vision provided by the new Board will help guide the bank towards long term sustainable growth that will deliver superior returns for stakeholders and benefit the institution and country as a whole. Following this investment by Samba, CresBank has emerged as one of the highest capitalized banks in the country with a paid-up capital of PKR 8.769 billion.
Samba is Saudi Arabia’s premier financial institution with a market capitalization of approximately US$ 23.3 billion and shareholder’s equity of US$ 4.1 billion. Samba enjoys one of the highest credit ratings by S&P, Fitch, and by Capital Intelligence. The Saudi banking group offers varied banking and investment services with a commitment to providing innovative financial solutions of the highest quality and delivering superior returns to its investors. CresBank will benefit immensely from the balance sheet strength and strong profile that Samba provides.
CresBank is listed on all three bourses of the country namely Karachi, Lahore and Islamabad. The bank currently has a network of eighteen branches, eight located in Karachi, five in Lahore, two in Islamabad, and one each in Peshawar, Sialkot, and Faisalabad.
Contact
Head Office Address :
Crescent Commercial Bank Limited
5th & 6th Floor, Sidco Avenue Centre
Maulana Deen Mohammad Wafai Road
Karachi - 74000
Pakistan
Phone: 92-21-4322167,4322110
UAN: 111-999-333,111-11-2737
Fax : 92-21-4322109
Webside: http://www.cresbank.com
Tuesday, November 13, 2007
Crescent Commercial Bank Limited
BankIslami Pakistan Limited
BankIslami Pakistan Limited (“BankIslami”) is the first bank to receive Islamic Banking license under the new Islamic Banking policy of 2003. BankIslami offers full range of Shariah compliant commercial banking products and services including Liability products such as Current & Saving accounts, Term deposits and Asset products such as Auto Ijarah, MUSKUN Home financing, Murabaha finance, Trade finance including Islamic Export Refinance as well as services which include Biometric ATM facility, Internet banking service etc. The Bank envisages to be the first Islamic Financial institution in Pakistan to focus on Wealth Management as its core area of business.
Contact
Head Office Address :
BankIslami Pakistan Limited
11th Floor, Executive Tower One
Dolmen City, Marine Drive
Block 4, Clifton, Karachi, Pakistan
UAN: (021)- 111-BIP-111 (111-247-111)
Telephone: (021)-5839906 (main branch)
Fax: (021)-5378373
E-mail:info@bankislami.com.pk
SWIFT Code: BKIPPKKA
Webside: http://www.bankislami.com.pk
Arif Habib Bank
Arif Habib Group is among the largest, most innovative and fastest growing Business Groups in Pakistan. In addition to Financial Services (Asset Management, Brokerage Services, Corporate Finance and Project Advisory, Private Equity and Bank), the Group has interest in Fertilizer, Cement and Real Estate.
Arif Habib Bank Limited commenced operation as a fully scheduled bank on 5th August 2006. The Pakistan operations of Rupali Bank Limited were acquired by Arif Habib Securities Limited under the Scheme of Amalgamation approved by the State Bank of Pakistan, under Section 48 of Banking Companies Ordinance, 1962. The Bank opened its doors for business with an Authorized share capital of AHB PKR 6 billion and paid up capital of PKR 3 billion. Subsequently, in July 2007, the Board of Directors decided to double the equity of the Bank from Rs. 3 billion to Rs. 6 billion by issuing 50% right shares at a premium of Rs. 10 per share. It has also been decided to list the Bank at the stock exchange.
Presently the bank has five branches in Karachi, two in Lahore and one branch each in Islamabad and Multan. Our branch network will be expanded to cover all four provinces of the country to ensure a nationwide presence.
Contact
Head Office Address :
Arif Habib Center 23, M.T. Khan Road,
Karachi-74000, Pakistan
Phone: 2437892, 2436519
Fax: 2435736
Webside : http://www.arifhabibbank.com
State Bank of Pakistan
The State Bank of Pakistan (SBP) is the central bank of Pakistan. While its constitution, as originally laid down in the State Bank of Pakistan Order 1948, remained basically unchanged until January 1, 1974, when the bank was nationalized, the scope of its functions was considerably enlarged. The State Bank of Pakistan Act 1956, with subsequent amendments, forms the basis of its operations today. The headquarters are located in the financial capital of Pakistan, Karachi with its second headquarters in the capital, Islamabad.
Contact
Head Office Address :
State Bank of Pakistan
I.I. Chundrigar Road, Karachi, Pakistan.
Phone: 111-727-111
Fax: (+92-21) 9212433 - 9212436
Webside: http://www.sbp.org.pk
Monday, November 12, 2007
Standard Chartere Pakistan
Standard Chartered is the largest international Bank in Pakistan. The Bank has been operating in Pakistan for over 140 years when it first established its operations in 1863 in Karachi.
After the acquisition of Union Bank in September 2006, the new entity Standard Chartered Bank (Pakistan) Limited was incorporated in Pakistan on 30 December 2006 as a subsidiary of Standard Chartered PLC.
The bank (as of September 5, 2007) has a network of over 127 branches across 22 cities in Pakistan. Standard Chartered employs a workforce of over 9,000 employees in its Pakistan operations.
Our success is built on our ability to provide you with superior, differentiated financial solutions. This has propelled us to become market leaders in Pakistan. By continuously assessing your needs, we have been able to introduce innovative new products and channels.
What sets us apart from our competitors is the premium we place on service excellence. Our rigorous recruitment and training standards ensure that our staff is able to cater to your most complex financial requirements. Central to this service philosophy is the consultative approach we take with each customer. By getting to know you better, we can identify your needs and match them with tailor-made product and service solutions.
Contact
Head Office Address :
Opp. Habib Bank Plaza
I.I Chundrigar
KARACHI
Tel:(021) 2412671, 2450000
Timings:
Mon - Thu:
9:00am to 5:00pm
Fri:
9:00am to 12:30pm and 3:00pm to 5:00pm
Sat:
9:00am to 5:00pm
Fax:
Webside : http://www.standardchartered.com/pk/
Citi Bank Pakistan
Citibank Pakistan has demonstrated its ability to identify market needs and develop products which are unique in concept and fulfill customer requirements. The aptitude to develop lifelong relationships while maintaining quality measures and technological efficiencies has assisted Citibank in becoming a true market leader.
Powerful distribution networks, electronic channels, myriad of financial products which cater to customer mix, broad product capabilities - this is what is needed to succeed in the volatile markets of today. This is what allows us to offer institutes worldwide the right financial solutions - every time, all the time.
Contact
Head Office Address :
Citibank N.A.
State Life Building No-1 I.I Chundrigar Road P.O.Box 4889, Karachi
Tel : 021-2412641
Fax : 021-2432605
WebSide:http://www.citibank.com/pakistan/homepage/index.htm
Friday, November 9, 2007
HSBC Premier
A new way of banking that provides the exclusive service, global insight and financial tools you need to explore a wealth of opportunities worldwide
Contact
Head Office:
Shaheen Commercial Complex, M.R. Kayani Road, GPO Box 121
Working Hours:Monday - Thursday: 9:00 am - 5 pm Friday: 9:00 am - 12 pm and 3 pm - 5 pm Saturday: 9:00 am - 12:30 pm
SWIFT:HSBCPKKX
Tel: +92 21 111-852-852
Fax: +92 21 2631526
Webside : http://www.hsbc.com.pk/
Thursday, November 8, 2007
ABN AMRO Pakistan
ABN AMRO was established in 1948 and was the first foreign bank to be granted a license by the Government of Pakistan.
The Bank currently has a presence in 6 cities namely, Karachi, Lahore, Islamabad, Rawalpindi, Multan and Faisalabad employs 458 employees country wide.
Contact
Head Office Address :
Customer Care Unit
16, Abdullah Haroon Road,
Karachi
Ownership :
Phone : 111-06-06-06
Fax : (021) 565 0814
Webside : http://www.abnamro.com.pk/
Askari Commercial Bank Ltd.
No matter how for away you are, Our technology covers the distance,.. ..through a satellite based, on-line real-time banking system offering telephone banking, ATMs, electronic funds transfer and other modern facilities.
Contact
Head Office Address :
AWT Plaza,
The Mall,
Rawalpindi,
Pakistan.
Ownership :
Phone : (051) 9272150-53
Fax : (051) 9272455
Telex : 554647 ASKRI PK
Swift : ASCMPKKA
Webside : http://www.askaribank.com.pk
Bank Alfalah
We offer services through a network of 142 branches and 59 state of the art ATM machines.
Contact
Head Office Address :
B.A.Building I.
I Chundrigar Road
6773 Karachi
Ownership :
Phone : 021-2414030 to 39
Fax : 021-2417006
Telex : 29823 FALAH-PK
Webside : http://www.bankalfalah.com
Habib Bank Limited
oday, HBL has more than 1,425 branches all over Pakistan and presence in 26 countries across five continents. With a revamped customer oriented philosophy, we are pursuing new avenues of leadership through innovation, as we gear up to face the challenges of the new millennium.
Contact
Head Office Address :
Habib Bank Plaza
I.I. Chundrigar Road
Karachi - 75650
Pakistan
Ownership :
Phone : 2418000 (50 lines)
Fax : 2411647
Telex :
Swift : 20086-20751 HBANK-PK
Webside : http://www.habibbankltd.com
National Bank of Pakistan
maintains its position as Pakistan's premier bank determined to set higher standards of achievements.
Contact
Head Office Address :
NBP Building,
I.I. Chundrigar Road
Karachi, Pakistan.
Ownership :
Phone :+92 (21) 921 2100 (50 lines)
Fax :
Webside : http://www.nbp.com.pk/
Prime Commercial Bank Limited
cool bank Prime Commercial Bank Limited
Contact
Head Office Address :
Prime Commercial Bank Limited
Commercial Area, 77 - Y, Phase III
Defense Housing Authority, Lahore
Pakistan.
Ownership :
Phone : +92(42) 572-8282 - 87
Fax : +92(42) 572-8181
Telex :
Swift : PRCEPKKA
Webside :
http://www.primebank.com.pk
Soneri Bank Ltd
Incorporated on September 28, 1991 the first Branch of Soneri Bank Limited formally opened doors for operations in Lahore on April 16, 1992 followed by Karachi Branch on May 09,1992.
Contact
Head Office Address :
87, Sharah-e-Quaid-e-Azam,
P.O. Box No. 49,
Lahore.
Ownership :
Phone : 6368141-48.
Fax : 6368138.
Telex : 47694 SONRI PK.
Webside : http://www.soneri.com
The Bank of Khyber
The Bank of Khyber was establied in 1991 under the act of NWFP assembly. This is the first bank who is doing e-Banking! in Pakistan. Now you can transfer/open accounts through website.
Contact
Head Office Address :
Customer Complaints Unit
The Bank of Khyber,
Head Office,
24 – The Mall,
Peshawar Cantt.
Ownership :
Phone : (091) 273456, 273587, 279289
Fax : (091) 278146, 285262
Webside : http://www.bok.com.pk/
Allied Bank Limited
Allied Bank is the first Muslim bank, to have been established on the territory that became Pakistan.
Contact
Head Office Address :
Khyaban-e-Iqbal,
Main Clifton Rd,
Bath Island,
Karachi. Pakistan
Ownership :
Phone : 92-21- 111 110 110
Webside : http://www.abl.com.pk/
Atlas Bank Limited
Atlas Bank Limited (formerly Dawood Bank Limited) web site is in the updating process
Contact
Head Office Address :
3rd Floor, Federation House,
Sharae Firdousi, Clifton,
Karachi-75600
Ownership :
Phone : (92-21) 5866817-20
Fax : (92-21) 5870543
Webside : http://www.atlasbank.com.pk/
Bank Al Habib Limited
Presently, the Bank has a network of ninety branches in all the major cities of Pakistan fully automated and computerized and providing wide range of banking services.
Contact
Head Office Address :
Head Office
126-C, Old Bahawalpur Road
Multan
Pakistan
Ownership :
Phone : (92-61) 544539, 111-786-110
Fax : (92-61) 582471
Telex : 42336 ALHML PK
Webside : http://www.bankalhabib.com/
Bank of Punjab
The Bank of Punjab is working as a scheduled commercial bank with its network of 266 branches at all major business centres in the country.
Contact
Head Office Address :
7-Egerton Road,
Lahore (Pakistan)
Ownership :
Phone : (042) 9200421-33
Fax : (042) 9200229
Webside : http://www.bop.com.pk/
Faysal Bank
a full service banking institution offering consumer, corporate and investment banking facilities to its customers. The Bank’s widespread and growing network of branches in the four provinces of the country and Azad Kashmir, together with its corporate offices in major cities, provides efficient services in an effective manner.
Contact
Head Office Address :
11/13, Trade Centre, I.I.
Chundrigar Road, Karachi.
Ownership :
Phone : +92-021-2638011-20 111-747-747
Fax : +92-021-2637975
Webside : http://www.faysalbank.com
First International Investment Bank
one of the leading investment banks in Pakistan. It commenced operations in 1990 and is listed on the Karachi and Lahore Stock Exchanges. It has offices in Karachi, Lahore and Islamabad.
Contact
Head Office Address :
5 F.C.C., Ground Floor, S
Syed Maratib Ali Road Gulberg,
Lahore
Ownership :
Phone : +92 (042) 5753414
Fax : +92 (042) 5762790
Webside : http://www.interbank.com.pk/
First Women Bank Limited
First Women Bank Ltd. was incorporated as a Scheduled Commercial Bank in Public Sector as Public Company Ltd by shares in 1989.
Contact
Head Office Address :
S.T.S.M. Foundation Building,
Cl -10/20/2, Beaumont Road
Civil lines,
Karachi -75530 Pakistan.
Ownership :
Phone : (021)111-676-767
Fax : 0215657756
Webside : http://www.fwbl.com.pk/
Industrial Development Bank of Pakistan
one of Pakistans’ oldest development financing institution created with the primary objective of extending term finance for investment in the manufacturing sector of the economy.
Contact
Head Office Address :
3rd floor State Life Building No.2,
Wallace Road,
Off: I.I.Chundrigar Road,
Karachi-74000
Ownership :
Phone : +92-21-9213601-10
Fax : +92-21-9213644
Telex : 20722 IDBPPK
WEbside : http://www.idbp.com.pk/
Khushhali Bank
In August 2000, Khushhali Bank was established as part of the Government of Islamic Republic of Pakistan's Poverty Reduction Strategy and its Microfinance Sector Development Program (MSDP) that was developed with the assistance of Asian Development Bank. It is headquartered in Islamabad and operates under the central bank's supervision (State Bank of Pakistan) with commercial banks as its shareholders. Its mandate is to retail microfinance services and act as a catalyst in stabilizing the country's newly formed microfinance sector.
Contact
Head Office Address :
Corporate Office
94W, 4th Floor
Jinnah Avenue, Blue Area
Islamabad-44000, Pakistan
Ownership :
Phone : +92 (0)51 111 092-092
webside : http://www.khushhalibank.com.pk
MCB Bank Limited
Formerly Muslim Commercial Bank Limited has a solid foundation of over 50 years in Pakistan, with a network of over 900 branches.
Contact
Head Office Address :
Karachi Main Branch,
Ground Floor, Adamjee House,I.I.
Chundrigar Road,
Karachi.
Ownership :
Phone : 021-2424518,2417061-63
Fax : 021-2417367,2419568,2416244
Webside : http://mcb.com.pk/
Meezan Bank
Meezan Bank is Pakistan's first scheduled Islamic commercial bank, and operates strictly under the principles of Islamic Shariah.
Contact
Head Office Address :
3rd Floor,
P.N.S.C. Building,
Moulvi Tamizuddin Khan Road,
Karachi
Ownership :
Phone : (92-21) 5610582 / 5610679
Fax : (92-21) 5610375
Webside : http://www.meezanbank.com/
Metropolitan Bank Pakistan
one of the leading private commercial bank in Pakistan. It was incorporated in August 1992, commenced banking operations in October 1992, is listed on all three stock exchanges and operates in all major cities in Pakistan, with a primary focus on retail banking and trade finance.
Contact
Head Office Address :
Ground Floor, Spencer's Building,
P.O. Box No. 1289, I.I. Chundrigar Road,
Karachi. PAKISTAN
Ownership :
Phone : 92-21 263 6740
Fax : 92-21 263 0404 - 263 0405
Webside : http://www.metrobank.com.pk
Mybank Limited
One of the fast growing Private Banks in Pakistan (former Bolan Bank)
Contact
Head Office Address :
mybank Ltd.
Business & Finance Centre
Chundrigar Road
Karachi Pakistan
Ownership : The Bank
Phone : 021-5687143,5214446,5214478
Fax : 021-5200112
Swift : BOBL PKKA
webside : http://www.mybankltd.com
NIB Bank
Our Mission is to provide a banking experience so unique, that it compels each of our customers to want a long term, multi-product relationship with NIB Bank.
Contact
Head Office Address :
NIB Bank Limited,
Muhammadi House,
P.O. Box 6942,
I.I. Chundrigar Road,
Karachi 74000
Ownership :
Phone : 0800-00039
Fax : 021-2417503
Webside : http://www.nibpk.com
PICIC Commercial Bank
the branch network has increased to 105 including 5 collection booths across the country. It is now the 6th largest bank in Pakistan after 5 nationalized and privatized banks.
Contact
Head Office Address :
Spencer Building,
I.I. Chundrigar Road,
Karachi, Pakistan
Ownership :
Phone : 021-263 7161
Fax : 021-221 3144
Webside : http://www.picicbank.com.pk
SaudiPak Bank
The Saudi Pak Industrial and Agricultural Investment Company (Pvt) Ltd. (SAPICO) is a joint venture between the governments of Saudi Arabia and Pakistan, and an entity with a demonstrated commitment to the development of Pakistan. SAPICO is a private limited company and Development Finance Institution (DFI) regulated by the State Bank of Pakistan that was established in 1981.
Contact
Head Office Address :
Saudi Pak Building I. I.
Chundrigar Road,
Karachi
Ownership :
Phone : (021) 111-00-1987- 2460475-94
Fax :
WEbside : http://www.saudipakbank.com/
SME Bank
As defined by State Bank of Pakistan - SME (Small and Medium Enterprise) means an entity, ideally not a public limited company, which does not employee more than 250 persons and 50 persons.
Contact
Head Office Address :
Jang Plaza, 2nd Floor,
40 Fazal-ul-Haq Road,
Blue Area,
P.O BOX 1587,
Islamabad Pakistan
Ownership :
Phone : (92-51) 9217000
Fax : (92-51) 9217001
Webside : http://www.smebank.org/
United Bank Limited Pakistan
We offer our services through a wide network of over 1000 domestic branches all over Pakistan and 15 overseas branches as part of global network.
Contact
Head Office Address :
UBL Head Office,
Mezzanine Floor,
NJI Building I.I
Chundrigar Road,
Karachi, Pakistan.
Ownership :
Phone : 0800-11-825 (toll-free)
Fax : (021) 9213209
Webside : http://www.ubl.com.pk/
Zarai Taraqiati Bank
erstwhile Agricultural Development Bank of Pakistan (ADBP) is the premier financial institution geared towards the development of agriculture sector through provision of financial services and technical know how.
Contact
Head Office Address :
1 Faisal Avenue
P.O. Box No. 1400.
Islamabad, Pakistan
Ownership :
Phone : +92-51-9252805
Webside : http://www.ztbl.com.pk
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