Professional Documents
Culture Documents
Types of Banks
1)
2)
3) 4) 5) 6) 7) 8)
On the basis of Corporation On the basis of Registration On the basis of creation of money On the basis of ownership On the basis of Domicile Development Bank On the basis of Function Other banks
Chartered Bank
Constitution bank
Chartered Bank
Establish on the order of king or queen Or in accordance with the charter of a country E.g: Bank of England
Constitution bank
Establish on the order of president or according to the special act of parliament E.g: State Bank of Pakistan
Schedule Bank
Schedule Bank
Those banks which are registered with SBP Follow the policies and rules of SBP E.g: Habib Bank Limited MCB Allied Bank of Pakistan
Those banks which are not registered with SBP Independent from the restrictions and conditions of SBP E.g: Al Faisal Investment Bank
Central Bank
Commercial Bank
Central Bank
It is a bank of bankers Its duty is to control the monetary base and supply of money E.g. State bank of Pakistan
Commercial Bank
These banks receive deposits, advance loans and discount bills E.g: Habib Bank limited Allied Bank Limited
Government Bank
Private Bank
Government Bank
Those banks which are owned by the central or provincial government of a country E.g: National Bank of Pakistan
Private Bank
Those banks which are owned by the public E.g: Soneri Bank Limited Bank Al Falah Limited
Domestic Bank
International Bank
Domestic Bank
Those banks which are owned by the state or public of a country E.g: State Bank of Pakistan Muslim Commercial Bank Limited
International Bank
Those banks which are owned by the State or public of foreign country E.g: Barclays Standard Chartered Bank
Development Bank
International development bank Regional development bank Industrial development bank Agricultural development bank
Those banks which focus on the agricultural, industrial and social welfare of all countries at International level E.g: World Bank
Banks which are established for the development of a specific region or area E.g: Asian development bank
Banks which are establish for the development of industry E.g.: IDBP
Banks which are established for the development of agricultural sector E.g: ZTBL
Investment bank Saving Bank Consumer Bank Exchange Bank Mortgage Bank Co-operative Bank
Investment bank
Banks specializing in large scale deposits and dealing mainly with companies instead of public E.g: Islamic Investment Limited
Saving Bank
Those banks which develop saving habits in people E.g: National saving Center
Consumer Bank
Those banks which advance loans to its customers E.g: Muslilm Commercial Bank Meezan Bank Limited
Exchange Bank
These banks deals in exchange of currency, issuance of travel cheques etc E.g: Western Union Bank
Mortgage Bank
These banks provide loans of short, medium and long term nature against land and buildings E.g: Mortgage bank of Spain
Co-operative Bank
These banks provide credit facilities to the residents of the particular area or a particular class of people E.g: Karakurum Co-operative Bank Limited
Other Banks
School Bank Labor Bank Consortium Bank Islamic Bank Merchant bank