The economy of Pakistan is categorized as a developing economy. It ranks as the 24th-largest based on GDP using purchasing power parity (PPP) and the 46th largest in terms of nominal GDP. With a population of 241.5 million people as of 2023, Pakistan's position at per capita income ranks 161st by GDP (nominal) and 138th by GDP (PPP) according to the International Monetary Fund (IMF).
Nurul Amin was a Pakistani politician and jurist who served as the eighth prime minister of Pakistan from 7 December to 20 December 1971. His term of only 13 days as prime minister was the shortest served in Pakistani parliamentary history. He was also the only Vice President of Pakistan.
The Commonwealth Bank of Australia (CBA), also known as Commonwealth Bank or simply CommBank, is an Australian multinational bank with businesses across New Zealand, Asia, the United States, and the United Kingdom. It provides a variety of financial services, including retail, business and institutional banking, funds management, superannuation, insurance, investment, and broking services. The Commonwealth Bank is the largest Australian listed company on the Australian Securities Exchange as of July 2024, with brands including Bankwest, Colonial First State Investments, ASB Bank, Commonwealth Securities (CommSec) and Commonwealth Insurance (CommInsure). Its former constituent parts were the Commonwealth Trading Bank of Australia, the Commonwealth Savings Bank of Australia, and the Commonwealth Development Bank.
The State Bank of Pakistan (SBP) 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. 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 the country in Karachi. The bank has a fully owned subsidiary with the name SBP Banking Services Corporation (SBP-BSC), the operational arm of the Central Bank with Branch Office in 16 cities across Pakistan, including the capital Islamabad and the four provincial capitals Lahore, Karachi, Peshawar, Quetta. The State Bank of Pakistan has other fully owned subsidiaries as well: National Institute of Banking and Finance, the training arm of the bank providing training to Commercial Banks, the Deposit Protection Corporation, and ownership of the Pakistan Security Printing Corporation.
Habib Metropolitan Bank, stylized as HABIBMETRO, is a Pakistani commercial bank headquartered in Karachi. It is a subsidiary of Swiss bank Habib Bank AG Zurich.
The KSE-100 Index is a total return stock index acting as a benchmark to compare prices on the Pakistan Stock Exchange (PSX) over a period.
Bank Alfalah Limited, formerly known as Habib Credit and Exchange Bank, is a Pakistani commercial bank headquartered in Karachi. It is a subsidiary of an Emirati conglomerate, Abu Dhabi United Group.
Samundri is a city and headquarters of Samundri Tehsil located in Faisalabad District of Punjab province, Pakistan.
United Bank Limited (UBL) is a Pakistani commercial bank headquartered in Karachi. It is a subsidiary of British multinational conglomerate, Bestway Group.
Bank Al Habib Limited is a Pakistani commercial bank owned by the Dawood Habib Family and is based in Karachi, Pakistan. It is one of the largest banks in Pakistan. It has wholesale branches in Bahrain and Malaysia and offices in UAE, Turkey (Istanbul), China (Beijing), and Kenya.
Habib Bank Limited commonly known as HBL, is a Pakistani commercial bank based at Habib Bank Plaza, Karachi, Pakistan.
MCB Bank Limited is a Pakistani commercial bank which is based in Lahore, Punjab. The majority of shares are owned by companies that are part of Nishat Group or Malaysian bank Maybank.
Meezan Bank Limited is a Pakistani Islamic bank headquartered in Karachi. It is the largest Islamic bank and the largest bank based on market capitalization in Pakistan.
Askari Bank Limited, formerly Askari Commercial Bank, is a Pakistani commercial and retail bank headquartered in Islamabad. It is a subsidiary of Fauji Fertilizer Company which is part of Fauji Foundation.
Allied Bank Limited (ABL) is a Pakistani commercial bank based in Lahore, Punjab, Pakistan. It is a subsidiary of the Ibrahim Group.
Karachi Fashion Week is a fashion week held in Karachi, Pakistan. It is the country's largest fashion display event. It has been hosted annually and coincides with the international and local spring and summer peak buying season.
Faysal Bank Limited (FBL) (Urdu: فیصل بینک) is a Pakistani Islamic bank headquartered in Karachi. It is a subsidiary of Ithmaar Bank. It is named after Mohammed bin Faisal Al Saud.
Dawood Hercules Corporation Limited is a Pakistani holding company headquartered in Karachi.
Mohammed Amin is a British-Pakistani businessman who was Chairman of the Conservative Muslim Forum, an affiliated group within the British Conservative Party, from mid-2014 until June 2019, when he was reported to have been expelled from the group following his public criticism of the 'moral integrity' of Boris Johnson. He resigned from the Conservative Party on 23 July 2019 when Johnson was announced as the new leader as he regarded him as morally unfit to be Party Leader or Prime Minister. He writes regularly about political and community cohesion issues on the ConservativeHome website.
Rs. 29.21 billion (US$100 million) [1] (2023)
