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The Bank of Punjab

Economic Review, June 2009 | Article details

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The Bank of Punjab


The Bank of Punjab, established under The Bank of Punjab Act, 1989, was given status of scheduled bank on September 19, 1994. The Bank is listed on Lahore, Karachi & Islamabad Stock Exchanges. The Government of Punjab is the major shareholder. The Bank has fully owned subsidiary M/s Punjab Modaraba Services (Pvt.) Ltd, which is profitably managing a modaraba company.

Since its incorporation the Bank has grown manifold showing remarkable growth in all aspects. Especially, after the current management took over the affairs of the bank in 2003 there has been tremendous growth in all its facets of operations as a result of application of prudent and pragmatic policies with …

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