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Muhammad Shariq
KARACHI: BMI, in its in-depth analysis research report regarding banking industry of the world, has added nine banks of Pakistan. The list has big five banks of the country including National Bank of Pakistan (NBP), MCB Bank Limited (MCB), Habib Bank Limited (HBL), Allied Bank Limited (ABL) and United Bank Limited (UBL).
Moreover, ABN AMRO Bank (Pakistan) Limited, now called The Royal Bank of Scotland (RBS Pakistan), Standard Chartered Bank (SCB), The Bank of Punjab (BOP) and Bank Alfalah Limited (BAFL) have also been taken into consideration for the advance research. In the paper, BMI will provide independent forecasts and competitive intelligence on Pakistan's commercial banking industry up to 2013. BMI has already analysed banking industry of the countries like Bahrain, Jordan, Kazakhstan, Kenya, Kuwait, Oman, Qatar, UK, and US. Now BMI is analysing Pakistan's banking industry. According to TFD analysis, all the above mentioned banks are the top performing banks in the country's banking sector. This contemplation by BMI for the local banks is the positive sign for the industry as it will reflect that the threshold level of the banking industry as compared to previous decades is much more effective. The above mentioned banks in terms of deposits size, advances, investments, customer-base, minimum capital requirement and capital adequacy ratio stand in a better position. According to TFD, the financial performance of these banks in CY09 as against CY08 is expected to put up a better show.
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