An automated teller machine (ATM) or cash machine is an electronic telecommunications device that enables customers of financial institutions to perform financial transactions, such as cash withdrawals, deposits, funds transfers, balance inquiries or account information inquiries, at any time and without the need for direct interaction with bank staff.
National Bank of Pakistan (NBP) is a Pakistani government-owned multinational commercial bank which is a subsidiary of State Bank of Pakistan. It is headquartered in Karachi, Pakistan. As of September 2020, it has 1,511 branches across Pakistan with assets of approximately USD 20.2 billion.
Karachi is the financial and industrial capital of Pakistan. As of 2019, Karachi has an estimated GDP (PPP) of $164 billion. The city accounts about half of the total collections of the Federal Board of Revenue, out of which, approximately half are customs duty and sales tax on imports. Karachi produces about 30 percent of value added in large-scale manufacturing, 25% of the GDP, the World Bank identified Karachi as the most business-friendly city in Pakistan. In 2010, research by the global human resources company Mercer found Karachi to be the most inexpensive city in the world.
Government Islamia Science College is located in Karachi, Pakistan. It is one of the largest colleges in Pakistan. The college provides faculties of Science, Law, Commerce and Arts. It is located just opposite Dawood College of Engineering and Technology. Islamia Science College, Islamia Law College, Islamia Commerce and Arts College are in one complex which was founded by Late Abdul Rehman Muhammad Qureshi. The college was inaugurated by President Ayub Khan in August 1961.
Bank Al Habib Limited is a Pakistani commercial bank owned by Dawood Habib & Family and is based in Karachi, Pakistan. It is the sixth-largest bank in Pakistan.
I. I. Chundrigar Road, previously known as McLeod Road, is a road located in central business district of Karachi, Pakistan, and is named after former Pakistani Prime Minister Ibrahim Ismail Chundrigar. The road serves as the spine of Pakistan's largest financial centre, and is frequently referred to as "Pakistan's Wall Street".
MCB Bank Limited is a Pakistani multinational commercial bank which is based in Lahore, Punjab, Pakistan. The majority of shares are owned by Pakistani conglomerate Nishat Group and Malaysian bank Maybank. The bank has a network of 1,600 branches in Pakistan.
Telenor Pakistan (Pvt.) Limited is the second largest cellular & digital services provider in Pakistan owned by Telenor Group, which is an international provider of voice, data, content and mobile communication services in 9 markets worldwide in Scandinavia and Asia. Telenor started out as a public company in 1855. Irfan Wahab Khan is the current CEO of Telenor Pakistan since August 2016.
The Lakson Group is a Pakistani conglomerate company which is based in Karachi, Pakistan. It was founded in 1954 and is owned by Lakhani family. The conglomerate is based in Karachi, currently chaired by Iqbal Ali Lakhani and was founded in 1954.
Unilever Pakistan Limited, formerly Lever Brothers Pakistan Limited(Urdu: یونی لیور پاکستان), is a Pakistani fast-moving consumer goods company based in Karachi. It is a subsidiary of the British multinational company.
National Financial Switch (NFS) is the largest network of shared automated teller machines (ATMs) in India. It was designed, developed and deployed by the Institute for Development and Research in Banking Technology (IDRBT) in 2004, with the goal of inter-connecting the ATMs in the country and facilitating convenience banking. It is run by the National Payments Corporation of India (NPCI). As on 31st January’ 22, there were 1,203 members that includes 111 Direct, 1,045 Sub members, 43 RRBs and 4 WLAOs using NFS network connected to more than 2.55 Lac ATM.
Geo News is a Pakistani pay television news channel owned by the Jang Media Group.
1LINK (Guarantee) Limited is a consortium of major banks that own and operate the largest representative interbank network in Pakistan and is incorporated under the Company Law, Section 42 by Security and Exchange Commission of Pakistan (SECP). 1LINK is converted to Private Limited Company under section 49 of Companies Act 2017 on July 5, 2018.
Sampath Bank PLC is a licensed commercial bank incorporated in Sri Lanka in 1987 with 229 branches and 373 ATMs island-wide. It has won the "Bank of the Year" award by "The Banker" of Financial Times Limited – London, for the second consecutive year and the "National Business Excellence Awards 2010". It has become the third largest private sector bank in Sri Lanka with Rs. 453 billion in deposits as of 30 June 2016.
Jalaluddin Abdur Rahim was a Bengali communist and political philosopher who was renowned as one of the founding members of the Pakistan People's Party—a democratic socialist political party. Rahim was also the first Secretary-General of the Pakistan People's Party, served as the first minister of production. A Bengali civil servant, Rahim was a philosopher who politically guided Zulfikar Ali Bhutto, serving as his mentor, and had helped Bhutto navigate through the minefield of bureaucratic establishment when Ayub Khan had taken Bhutto into his cabinet. Rahim also guided Bhutto after Bhutto was deposed as Foreign Minister, critically guiding Bhutto to take down the once US-sponsored dictatorship of Ayub Khan.
Pakistan's e-trading mainly involves buying and selling goods and services using internet or telephone, through the use of electronic means such as computer, fax machine, cellular phone, automated teller machines (ATM) and other electronic appliances with or without using inter-net. Online banking, e-ticketing for air travelling, share trading in stock exchange are few examples of e-commerce of modern advancement. With its potential, e-trading can reduce the cost per transaction, increase efficiency, support contest, lower prices and boost international demand. It can open new areas for business in the service sector like on-line education, medical services, consultancy, and data exchange. It can also provide expansion in trade through domestic and international market research, advertising and marketing. In the financial services area, it can make easy and speedy transactions and transfer of money at a minimum risk. The interesting feature of online trading is that an investor simply sitting in his office or home can buy or sell through the Internet via mobile/tablet or PC and before being an experienced trader he may learn a lot by watching market screens or web portals at his convenience.
Shahzad Khalil, was a Pakistani television director and producer.
Monis Rahman is a Pakistani internet entrepreneur, venture capitalist and businessman. Rahman is the co-founder and executive chairman of Naseeb Networks, Inc. a business-oriented social network used primarily for online job recruiting. Rahman has been listed among the top entrepreneurs of 21st century several times. Forbes named him at #6 on its list of top "Ten Big Hitting Asian Businessmen under 50".
The Islamabad–Rawalpindi metropolitan area is one of Pakistan's largest metropolitan areas. It consists principally of the twin cities of Islamabad and Rawalpindi, along with several gated suburbs including DHA Islamabad and Bahria Town.
Digital banking is part of the broader context for the move to online banking, where banking services are delivered over the internet. The shift from traditional to digital banking has been gradual and remains ongoing, and is constituted by differing degrees of banking service digitization. Digital banking involves high levels of process automation and web-based services and may include APIs enabling cross-institutional service composition to deliver banking products and provide transactions. It provides the ability for users to access financial data through desktop, mobile and ATM services.
