Money, Finance and Banking Blog in Pakistan
Barclays Pakistan Opens Third Rural Area Branch
The Barclays Bank Pakistan has opened its first branch in NWFP. The branch is on the premises of Pakistan Tobacco Company (PTC), located at Akora Khattak.
It said that Managing Director and CEO of Pakistan Tobacco Company Nicholas Hales performed the inauguration ceremony with Country Managing Director Barclays Bank Pakistan Mohsin Nathani. Also present on the occasion were senior team members of Barclays Bank, Pakistan and PTC.
The statement issued by Barclays Pakistan pointed out that Akora Khattak Branch is the third rural branch for Barclays in Pakistan and has been established to provide financial services to the employees of PTC and the residents of the region.
Barclays Bank Pakistan commenced operations in July 2008; and serves its customers and clients across the country through a network of 31 ATMs and 14 branches; five branches in Lahore, four in Karachi, one in Islamabad and two in Rawalpindi.
The Barclays network has already extended its presence to the rural centres of Mangla, and Rawat with a branch in each of these locations.
| Print article | This entry was posted by Saleem Chohan on February 1, 2010 at 11:30 pm, and is filed under Commercial Banking. Follow any responses to this post through RSS 2.0. You can leave a response or trackback from your own site. |
No comments yet.
No trackbacks yet.
BankIslami Intends to Acquire EGIBL
about 1 month ago - 1 comment
The board of directors of BankIslami Pakistan Limited has decided to enter into a memorandum of understanding (MoU) with Emirates Global Islamic Bank Limited, Pakistan in relation to a proposed acquisition or merger in such a way that BankIslami remains the surviving entity.
The transaction, however, is subject to satisfactory due diligence, More >
National Bank to Open Branch in Saudi Arabia
about 1 month ago - 1 comment
National Bank of Pakistan (NBP) is going to expand its operations in Saudi Arabia by opening its branch within next four to six weeks. NBP already has presence in 26 countries of the world.
This expansion is part of the bank’s policy decision in year 2002-03 to aggressively open branches throughout South Asia, More >
National Bank of Pakistan to Expand Its Global Outreach
about 6 months ago - No comments
National Bank of Pakistan is working to expand its global outreach by opening up in South Asia, Middle East and Central Asia, told the bank in its media statement. The bank has a very strong capital assets base of Rs880 billion, with over 1,244 branches across the country.
The bank is already serving in Afghanistan and More >
First Women Bank Launches Corporate Documentary
about 7 months ago - No comments
The First Women Bank Limited (FWBL) will increase the network of its branches as well as products very soon, announced FWBL CEO and President Shafqat Sultana.
She was addressing the launching of FWBL’s corporate documentary film titled, “FWBL – The Icon of Women’s Economic Empowerment,” held at local hotel on Friday.
The documentary carrying comments of the More >
Citibank to Cut its Branch Network in Pakistan
about 7 months ago - No comments
Citibank has decided to reduce its branch network in Pakistan from 23 to 18. The five branches being closed from September 1st, 2009, after due approval from the State Bank of Pakistan (SBP) are located in Multan, Gujranwala, Sialkot, Jhelum and Hyderabad.
Citibank Country Officer and Managing Director, Arif Usmani making the announcement, through a press More >
SME Banks to Be Opened in Post Offices
about 7 months ago - No comments
Privatization Commission (PC) Board of Pakistan has given approval for the appointment of Technical Advisor to prepare feasibility report for setting up SME banks in over 7,000 post offices across the country, reports Aaj TV.
Privatization Board has granted approval for the appointment of advisor following in depth discussion on the issue.
It is said that existing More >
Banking Services Resuming in Swat
about 7 months ago - No comments
Banking services have been partially restored in war-afflicted Malakand division while difficulties of staff shortage and lack of infrastructure are being faced in reopening the bank branches.
The head of United Bank Limited’s Consumer Banking Muhammad Asghar told a private news channel that 6 out of 32 bank branches in Malakand division have been re-opened.
Muhammad Asghar More >
Barclays Pakistan Celebrates its First Anniversary
about 7 months ago - No comments
Barclays Bank (Pakistan chapter) celebrated its first anniversary of on July 23, 2009 marking the successful completion of a year of operations in Pakistan.
The first year celebrations took place simultaneously in Karachi, Lahore and Islamabad and the cake cutting ceremony was attended by management, senior officials and staff members.
A statement by the bank said that More >
Emirates Global to Branch Out in Pakistan
about 8 months ago - No comments
In a meeting with Federal Minister for Investment, Senator Waqar Ahmad Khan, EGB Chairman has showed keen interest for further investment and extension of Emirates Bank keeping in view higher return on investment.
Senator Waqar Ahmad Khan said that there was an ample room for investment in Pakistan, particularly in Banking Sector.
Senator Waqar told EGB Chairman More >
Silkbank Striving for Service Leadership
about 8 months ago - No comments
In our earlier post, immediately following the renaming of Saudi Pak Commercial Bank Limited into Silkbank Limited, we had tried to evaluate the service quality levels at Silkbank through portrayal of images on its website and advertisements.
On a number of grounds we had found the portrayed customer services to be below the mark of excellence. More >
