Top 5 banks in Pakistan
1. United Bank
United Bank Limited (UBL), one of Pakistan’s oldest and largest private commercial banks, also has a foreign presence and operates in many countries around the world. It is also known to be a leader in innovation in banking.
One of the most popular options for individual customers at UBL is the UBL Asaan ‘Easy’ Account. It’s easy to open, requires no initial deposit or minimum amount, and can be managed online. However, you should check to see if there is a monthly payment on your checking account or debit card.
UBL also offers credit cards, savings accounts, insurance, and consumer loans. Moreover, SME, corporate, institutional, investment and quality banking services.
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2. MCB Bank
Dating back to 1947, MCB Bank is one of the oldest banks in Pakistan. It is headquartered in Lahore but has a wide network of branches and ATMs across the country.
MCB Asaan Bank Digital Account is a popular choice for your clients. There are no minimum requirements or service fees to open or close an account.⁵ You may also receive a debit card with the account, but fees may apply.
In addition, MCB offers a wide range of other savings and savings accounts, as well as loans, cards, money transfer services and wealth management solutions. It also offers commercial banking and banking privileges.
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3. Meezan Bank
Meezan Bank, the country’s first and largest Islamic bank, offers interest-free (interest-free) accounts and products to individual and corporate customers.
It offers a variety of currency accounts for daily use, including Rupee accounts. These can be opened with a minimum deposit and offer unlimited online banking and withdrawals. It is for individuals but can also be opened by donors.
For corporations, Meezan Bank offers accounts, money management services, investment banking, and financing to small and medium-sized businesses, corporate clients, and agricultural companies.
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4. HBL (Habib Bank Limited)
Habib Bank Limited (HBL) is another major bank in Pakistan, although it is a private institution. It offers a wide range of accounts, cards, loans, and other services for your clients.
Consider the HBL Standard Account including debit card, online/mobile banking, and unlimited sales. You will be charged a service fee unless you maintain a balance in your account.
HBL also offers commercial banking, Islamic banking, and prestige banking in addition to wealth management and money transfer services.
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5. Standard Chartered Bank Pakistan
Standard Chartered Bank Pakistan is a subsidiary of British-owned international banking group Standard Chartered. It is a commercial bank serving both private and commercial customers.
The most popular bank account is the SC Digital account, which is a complete solution for everyday banking. It’s easy to open, comes with a debit card, and requires no initial deposit or minimum amount.
Standard Chartered also offers solutions for basic and premium banking, asset management, insurance and Islamic banking, as well as business bank accounts.
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