Pakistan's banking system now includes 33 institutions across six categories
The State Bank of Pakistan's current public roster is broader than a list of old-line commercial banks. The 33 institutions shown there are split across digital, public sector commercial, specialized, local private, Islamic and foreign-bank categories.
Thirteen of those institutions are local private banks, six are Islamic banks and four are foreign banks. The roster also shows seven public or specialized institutions and three digital banks. Large universal names such as Habib Bank, United Bank and MCB Bank still anchor the market, but they now sit beside digital entrants, state-linked institutions and foreign-bank operations.
Why the 2025 structure changes matter
Official notices in 2024 and 2025 record several changes to the country's banking map. Easypaisa Bank became a scheduled bank in January 2025 after digital retail bank licensing, and SBP cancelled Telenor Microfinance Bank Limited's older microfinance license in the same transition. The year also brought Silkbank's amalgamation into United Bank. Meanwhile, SME Bank moved from earlier failure into final license cancellation and de-scheduling after liquidation.
Pakistan's banking system now includes 33 institutions across six categories
The State Bank of Pakistan's current public roster is broader than a list of old-line commercial banks. The 33 institutions shown there are split across digital, public sector commercial, specialized, local private, Islamic and foreign-bank categories.
Thirteen of those institutions are local private banks, six are Islamic banks and four are foreign banks. The roster also shows seven public or specialized institutions and three digital banks. Large universal names such as Habib Bank, United Bank and MCB Bank still anchor the market, but they now sit beside digital entrants, state-linked institutions and foreign-bank operations.
A public institution such as National Bank of Pakistan or The Bank of Punjab should not be read in the same way as a digital bank like Easypaisa Bank, or a foreign-bank operation like Citibank N.A. or Deutsche Bank AG. The legal setting, customer mix and day-to-day use are different.
Deposit protection is a common reference point across these institutions. Deposit Protection Corporation Pakistan currently states protected deposits up to PKR 500,000 per depositor per bank, and it describes all scheduled banks operating in Pakistan as members of that protection perimeter.
A public institution such as National Bank of Pakistan or The Bank of Punjab should not be read in the same way as a digital bank like Easypaisa Bank, or a foreign-bank operation like Citibank N.A. or Deutsche Bank AG. The legal setting, customer mix and day-to-day use are different.
Deposit protection is a common reference point across these institutions. Deposit Protection Corporation Pakistan currently states protected deposits up to PKR 500,000 per depositor per bank, and it describes all scheduled banks operating in Pakistan as members of that protection perimeter.
Why the 2025 structure changes matter
Official notices in 2024 and 2025 record several changes to the country's banking map. Easypaisa Bank became a scheduled bank in January 2025 after digital retail bank licensing, and SBP cancelled Telenor Microfinance Bank Limited's older microfinance license in the same transition. The year also brought Silkbank's amalgamation into United Bank. Meanwhile, SME Bank moved from earlier failure into final license cancellation and de-scheduling after liquidation.
Pakistan's banking system now includes 33 institutions across six categories
The State Bank of Pakistan's current public roster is broader than a list of old-line commercial banks. The 33 institutions shown there are split across digital, public sector commercial, specialized, local private, Islamic and foreign-bank categories.
Thirteen of those institutions are local private banks, six are Islamic banks and four are foreign banks. The roster also shows seven public or specialized institutions and three digital banks. Large universal names such as Habib Bank, United Bank and MCB Bank still anchor the market, but they now sit beside digital entrants, state-linked institutions and foreign-bank operations.
A public institution such as National Bank of Pakistan or The Bank of Punjab should not be read in the same way as a digital bank like Easypaisa Bank, or a foreign-bank operation like Citibank N.A. or Deutsche Bank AG. The legal setting, customer mix and day-to-day use are different.
Deposit protection is a common reference point across these institutions. Deposit Protection Corporation Pakistan currently states protected deposits up to PKR 500,000 per depositor per bank, and it describes all scheduled banks operating in Pakistan as members of that protection perimeter.
Licensed Banks 20
Al Baraka House, 162 Bangalore Town, Main Shahrah-e-Faisal, Karachi 75350, Pakistan
021-111-113-442, 92-21-3431-5851
info@albaraka.com.pk
www.albaraka.com.pk
23-A/1 Gulberg-II, Lahore, Punjab, Pakistan
111-225-225
customercare@abl.com
www.abl.com
AWT Plaza, The Mall, P.O Box No. 1084, Rawalpindi 46000, Punjab, Pakistan
111-000-787, 92-51-9063000
customercare@askaribank.com.pk
www.askaribank.com.pk
Plaza 11, Chundrigar Road, Karachi 74000, Pakistan
111-014-014
complaints@bankalhabib.com
www.bankalhabib.com
B.A. Building, I.I. Chundrigar Road, Karachi 74000, Pakistan
111-222-111
customercare@bankalfalah.com
www.bankalfalah.com
Plot No. G-2, Block-2, Clifton, Karachi, Pakistan
021-111-124-725
support@bankmakramah.com
www.bankmakramah.com
Roomi Centre, 3rd Floor, 4-P, Block-6, P.E.C.H.S, Karachi 75400, Pakistan
111-BI-BANK (111-242-265)
info@bankislami.com.pk
www.bankislami.com.pk
3rd & 4th Floor, Building No. 18-C, Lane 12, Bukhari Commercial Area, D.H.A Phase VI, Karachi 75500, Pakistan
111-342-342
dib.pakistan@dib.ae
www.dib.ae
Faysal House, ST-2/A, Block 9, KDA Scheme 5, Clifton, Karachi 75600, Pakistan
111-332-265
customercare@faysalbank.com
www.faysalbank.com
25 Kashmir Road, Lahore 54000, Punjab, Pakistan
111-329-111
complaint.management@fwbl.com.pk
www.fwbl.com.pk
HBL Tower, Plot No. G-4, KDA Scheme 5, Block 7 Clifton, Karachi 75650, Pakistan
111-111-425, 92-21-33116030
customercare@hbl.com
www.hbl.com
HMB House, 7 & 7-A, Block-C, K.A.E.C.H.S, Karachi 75400, Pakistan
111-222-HMB (462)
complaints@habibmetro.com
www.habibmetro.com
JS Building, I.I. Chundrigar Road, Karachi 74000, Pakistan
111-574-111
info@jsbl.com
www.jsbl.com
MCB Building, 15-Main Gulberg, Jail Road, Lahore 54000, Pakistan
111-000-111, 92-42-111000111
complaints@mcb.com.pk
www.mcb.com.pk
59-T Commercial, Phase II DHA, Lahore 54792, Punjab, Pakistan
92-42-34501000, 111-222-642
customercare@mcbislamicbank.com
www.mcbislamicbank.com
Meezan House, C-25 Estate Avenue, SITE, Karachi 75730, Pakistan
111-331-331, 92-21-38103500, 92-21-37133500
info@meezanbank.com
www.meezanbank.com
Plot 19-B, Sector II, Block-4, Clifton, Karachi 75600, Pakistan
111-726-227
info@samba.com.pk
www.samba.com.pk
9th Floor, Harbour Front Building, H.C.3, Block-4, Marine Drive, Clifton, Karachi 75600, Pakistan
111-786-111
complaint.suggestion@soneribank.com
www.soneribank.com
Jang Building, I.I. Chundrigar Road, Karachi 74000, Pakistan
111-003-100
straight2bank.pk@sc.com
www.sc.com/pk
13th Floor, UBL Building, Blue Area, Islamabad, Pakistan
021-990332960, 021-32400419
customercare@ubl.com.pk
www.ubldigital.com
Public Sector and Specialized Banks 5
NBP Building, 2nd Floor, Head Office I.I. Chundrigar Road, Karachi, Pakistan
111-NBP-NBP (111-627-627), 021-99220100, 021-99062000
cmw.sqd@nbp.com.pk
www.nbp.com.pk
S.B. Tower, 111-A, Block-2, P.E.C.H.S, Karachi 75400, Pakistan
111-774-634
complaints@sindhbankltd.com
www.sindhbank.com.pk
BOK Plaza, 24-The Mall, Peshawar 25000, Khyber Pakhtunkhwa, Pakistan
111-266-526
complaints@bok.com.pk
www.bok.com.pk
MM Tower, 3rd Floor, 28-A, Block-K, Gulberg II, Lahore 54000, Pakistan
111-266-266
complaints@bop.com.pk
www.bop.com.pk
Head Office Plaza, G-10 Markaz, Islamabad, Pakistan
051-9252381-5
contactus@ztbl.com.pk
www.ztbl.com.pk
Foreign Banks 4
Plot 29-A, Block-6, P.E.C.H.S, Karachi 75400, Pakistan
92-21-34162950
boc.pakistan@bankofchina.com
www.boc.cn
Citibank Centre, Plot 26, Block-9, Clifton, Karachi 75600, Pakistan
111-606-262
pak.info@citi.com
www.citibank.com/pakistan
242-243, Avari Plaza, Fatima Jinnah Road, Karachi 75530, Pakistan
92-21-3568-0081
contact@deutschebank.com
www.db.com
ICBC Tower, 6th Floor, Main Shahrah-e-Faisal, Karachi 75350, Pakistan
92-21-3581-8800
service.pk@icbc.com
www.icbc.com.cn
Digital Banks 3
Plot # 21, Fazeelat Arcade, G-11 Markaz, Islamabad, Pakistan
111 003 737
complaints@easypaisa.com.pk
easypaisa.com.pk
Plot # 22-C, Ittehad Lane 8, Ittehad Commercial Area, Phase VI, DHA, Karachi, Pakistan
021-32650778, 021-111-000-636
pakistancustomercare@mashreq.com
www.mashreq.com/en/pk/home
4th Floor, Bahria Complex-1, M.T. Khan Road, Karachi, Pakistan
021-38382234, 051-111-727-264
complaints@raqamidigital.com
www.raqamidigital.com
Cooperative Banks 1
47-Davis Road, Lahore 54000, Punjab, Pakistan
92-42-99220361
ask.us@ppcbl.com.pk
www.ppcbl.com.pk
Six official buckets now explain the market better than one flat bank list
The current SBP public roster does not treat Pakistan as one undifferentiated bank block. It breaks the visible market into digital banks, public sector commercial banks, specialized banks, local private banks, Islamic banks and foreign banks.
The count across those six groups is 33 institutions: 3 digital, 5 public sector commercial, 2 specialized, 13 local private, 6 Islamic and 4 foreign. A comparison between Habib Bank, Meezan Bank and Easypaisa Bank therefore crosses different institutional models before product detail even enters the picture.
The state-linked layer is still large enough to matter on its own
Seven institutions on the current official roster fall into public-sector commercial or specialized groups. That is a little more than one fifth of the 33 visible institutions, so the market is not shaped only by private-sector universal banks.
That layer includes institutions such as National Bank of Pakistan, The Bank of Khyber, The Bank of Punjab, Sindh Bank and Zarai Taraqiati Bank. Their presence matters because readers often compare them against private banks even when their policy roles, ownership links or operating logic are not the same.
Islamic banking is a core part of the national market
The official roster currently shows six institutions in the Islamic-bank bucket. Shariah-compliant banking in Pakistan is therefore a major part of the market rather than a side segment built around one or two names.
A bank like Meezan Bank or Faysal Bank should not be read as a narrow niche option inside a mostly conventional market. The Islamic group is large enough to affect deposit, financing and branch comparisons across the country.
The state-linked layer is still large enough to matter on its own
Seven institutions on the current official roster fall into public-sector commercial or specialized groups. That is a little more than one fifth of the 33 visible institutions, so the market is not shaped only by private-sector universal banks.
That layer includes institutions such as National Bank of Pakistan, The Bank of Khyber, The Bank of Punjab, Sindh Bank and Zarai Taraqiati Bank. Their presence matters because readers often compare them against private banks even when their policy roles, ownership links or operating logic are not the same.
Islamic banking is a core part of the national market
The official roster currently shows six institutions in the Islamic-bank bucket. Shariah-compliant banking in Pakistan is therefore a major part of the market rather than a side segment built around one or two names.
A bank like Meezan Bank or Faysal Bank should not be read as a narrow niche option inside a mostly conventional market. The Islamic group is large enough to affect deposit, financing and branch comparisons across the country.
Foreign-bank presence is small, but still distinct
The official foreign-bank bucket currently contains four institutions. That is not a dominant share of the overall roster, but it is large enough to stay separate from the domestic bank groups.
This matters when readers compare banks such as Citibank N.A., Deutsche Bank AG, ICBC or Bank of China Limited Pakistan Operations against domestic retail names. They may sit on the same country list, but they do not necessarily serve the same customer base or market function.
Digital licensing changed the map in 2025
The 2025 notice sequence shows that digital banking is no longer just a product label attached to older institutions. Easypaisa Bank became a scheduled bank effective January 23, 2025 after digital retail bank licensing, and SBP cancelled Telenor Microfinance Bank Limited's older microfinance license in the same transition. The digital-bank bucket on the current public roster is therefore a formal regulatory group, not loose marketing language.
The shift is clearer when Easypaisa is read alongside banks such as Mashreq Bank Pakistan and Raqami Islamic Digital Bank. Digital banking now appears in the roster as its own institutional group.
Consolidation and exit also matter for how the roster is read
Pakistan's banking map expanded and tightened at the same time. Silkbank's amalgamation into United Bank and SME Bank's final license cancellation and de-scheduling show that official rosters are shaped by exits as well as by new licensing.
Bank Makramah is another example of why roster details matter. SBP's November 14, 2024 notice confirmed that Summit Bank Limited had already changed its name to Bank Makramah Limited with effect from November 7, 2023.
Islamic banking is a core part of the national market
The official roster currently shows six institutions in the Islamic-bank bucket. Shariah-compliant banking in Pakistan is therefore a major part of the market rather than a side segment built around one or two names.
A bank like Meezan Bank or Faysal Bank should not be read as a narrow niche option inside a mostly conventional market. The Islamic group is large enough to affect deposit, financing and branch comparisons across the country.
Foreign-bank presence is small, but still distinct
The official foreign-bank bucket currently contains four institutions. That is not a dominant share of the overall roster, but it is large enough to stay separate from the domestic bank groups.
This matters when readers compare banks such as Citibank N.A., Deutsche Bank AG, ICBC or Bank of China Limited Pakistan Operations against domestic retail names. They may sit on the same country list, but they do not necessarily serve the same customer base or market function.