List Of The Best Banks for Overseas Pakistanis
Here is a list of some of the most popular and reliable best banks that cater to overseas Pakistanis and have branches in Pakistan:
- Standard Chartered Bank
- Habib Bank Limited (HBL)
- United Bank Limited (UBL)
- MCB Bank Limited
- National Bank of Pakistan (NBP)
- Allied Bank Limited
- Bank Alfalah Limited
- Faysal Bank Limited
- Dubai Islamic Bank Pakistan Limited
- Soneri Bank Limited
These banks offer various services for overseas Pakistanis, including remittances, foreign currency accounts, and online banking facilities. It is advisable to research each bank’s services, charges, and reputation before choosing one.
Standard Chartered Bank
Standard Chartered Bank is the best banking and financial services company based in London, United Kingdom. Standard Chartered Bank provides various banking and financial services to individuals, businesses, and corporations. Its services include personal banking, wealth management, commercial and corporate banking, investment banking, and trade finance. The bank is also known for its expertise in emerging markets and cross-border transactions.
In recent years, Standard Chartered Bank has focused on digital transformation and innovation to enhance its customer experience and increase efficiency. The bank has launched several digital initiatives, including its mobile banking app, SC Mobile, and its digital bank, Mox Bank, in Hong Kong.
Standard Chartered Bank is listed on the London Stock Exchange and the Hong Kong Stock Exchange, and it is a constituent of the FTSE 100 Index. As of 2021, the bank had total assets of US$765 billion and employed over 85,000 people worldwide.
Habib Bank Limited (HBL)
Habib Bank Limited (HBL) is one of the largest commercial banks in Pakistan. HBL provides a wide range of financial services including corporate and investment banking, consumer banking, and treasury services.
HBL has a strong presence both domestically and internationally, with a network of over 1,700 branches and offices in more than 25 countries. It has a significant presence in the United Kingdom, United Arab Emirates, and other countries in the Middle East.
HBL has received numerous awards and recognitions for its services and has been named the “Best Domestic Bank in Pakistan” by Global Finance magazine. The bank is also known for its corporate social responsibility initiatives, including education and health projects in underprivileged communities.
United Bank Limited (UBL)
It was established in 1959 and has a network of over 1,400 branches and ATMs across the country. In addition to its operations in Pakistan, UBL has a presence in the United Arab Emirates, Qatar, Bahrain, Yemen, and the United Kingdom. The bank also has a subsidiary in the United States called United National Bank.
MCB Bank Limited
MCB Bank Limited is a Pakistani commercial bank that was founded in 1947. The bank is headquartered in Lahore, Pakistan, and has a network of over 1,500 branches and ATMs throughout the country. MCB Bank Limited offers a range of banking services to its customers, including personal banking, business banking, corporate banking, investment banking, and Islamic banking.
The bank is listed on the Pakistan Stock Exchange and has a market capitalization of around PKR 350 billion (as of April 2023). MCB Bank Limited is considered one of the largest and most profitable banks in Pakistan and has won several awards for its performance and services, including the Best Bank in Pakistan award by Euromoney in 2020.
National Bank of Pakistan (NBP)
The National Bank of Pakistan (NBP) is a government-owned commercial bank in Pakistan. It was established in 1949 and is headquartered in Karachi. The bank offers a wide range of financial services including commercial banking, consumer banking, corporate banking, investment banking, Islamic banking, and agricultural banking.
NBP has a vast network of branches and ATMs all over Pakistan, as well as international branches in countries such as the United Kingdom, Canada, and China. The bank is considered to be one of the largest and most trusted financial institutions in Pakistan, serving both individuals and businesses.
Allied Bank Limited
Allied Bank Limited is a commercial bank in Pakistan that was established in 1942. It was the first Muslim bank in Pakistan before it merged with Muslim Commercial Bank in 1991. Today, Allied Bank Limited operates over 1,300 branches and ATMs throughout the country, offering a wide range of financial products and services to its customers. Some of the services provided by the bank include personal and business banking, loans, mortgages, credit cards, investments, and online banking. The bank is known for its innovative and customer-friendly approach and has won several awards and recognitions for its services over the years.
Bank Alfalah Limited
Bank Alfalah Limited is a commercial bank in Pakistan that provides a range of banking and financial services to individuals, corporations, and institutions. The bank was established in 1997 and is headquartered in Lahore, Pakistan. It operates through a network of over 700 branches and more than 500 ATMs across the country.
Bank Alfalah offers various products and services, including personal and business banking, investment banking, Islamic banking, and global remittance services. Its personal banking products include savings accounts, current accounts, credit cards, personal loans, and insurance services. The bank also offers various business banking products and services, such as cash management, trade finance, and corporate financing.
Faysal Bank Limited
Faysal Bank Limited is a commercial bank based in Pakistan. The bank was founded in 1994 and is headquartered in Karachi, Pakistan. Faysal Bank offers a range of banking products and services, including personal and business banking, investment banking, and Islamic banking. The bank operates through a network of branches and ATMs across Pakistan.
Faysal Bank has a strong focus on technology and innovation and offers a range of digital banking services to its customers, including Internet banking, mobile banking, and online bill payment. The bank is committed to providing its customers with a high level of service and convenience and has won several awards for its banking services.
Dubai Islamic Bank Pakistan Limited
Dubai Islamic Bank Pakistan Limited (DIBPL) is a full-service Islamic bank operating in Pakistan. The bank was established in 2006 and is a subsidiary of Dubai Islamic Bank UAE, which is one of the largest Islamic banks in the world.
DIBPL offers a range of Shariah-compliant banking products and services to its customers, including deposit accounts, financing solutions, trade services, and electronic banking services. The bank has a network of over 250 branches and ATMs across Pakistan, and also offers online and mobile banking services.
Soneri Bank Limited
Soneri Bank Limited is a Pakistani commercial bank that was founded in 1992. The bank is headquartered in Karachi, Pakistan, and operates a network of over 330 branches across the country.
Soneri Bank offers a range of banking products and services to its customers, including personal banking, corporate banking, and Islamic banking. The bank’s personal banking products include savings accounts, current accounts, term deposits, and consumer loans. Its corporate banking products include cash management, trade finance, and working capital finance.
Soneri Bank is committed to providing its customers with innovative banking solutions and has introduced a number of digital banking services, such as Internet banking, mobile banking, and SMS banking, to make banking easier and more convenient for its customers.
