BANKING SCENARIO

S.M. ABBAS ZAIDI, S.KAMAL HAYDER KAZMI,
Research Analyst
, PAGE
Dec 21 - 27, 2009

TOTAL INVESTMENT OF SCHEDULED BANKS (STOCK) (mn. Rs)
AS ON LAST WEEK OF 2002 2003 2004 2005 2006 2007 2008 2009
January 328,881 638,583 732,008 602,519 755,725 794,483 1,201,526 1,030,607
February 362,842 663,316 743,778 646,996 759,919 872,426 1,163,455 1,094,731
March 399,657 688,138 757,615 652,473 793,157 929,454 1,107,028 1,148,225
April 390,813 691,313 770,030 670,990 827,850 1,022,787 1,060,154 1,264,779
May 432,510 694,598 773,361 658,202 821,399 1,048,978 975,761 1,290,857
June 471,020 723,626 712,215 716,119 794,584 1,115,913 1,007,529 1,348,807
July 536,300 764,572 780,821 772,187 830,799 1,167,897 1,060,396 1,375,253
August 559,542 781,718 776,509 748,250 799,285 1,197,115 1,030,846 1,383,107
September 601,577 804,115 771,107 766,550 790,057 1,245,411 930,875 1,506,609
October 601,044 771,080 675,617 730,330 790,558 1,243,254 921,043 .
November 605,832 727,910 644,368 697,669 824,966 1,213,543 929,016 .
December 625,201 745,291 626,046 730,067 775,546 1,210,920 980,984 .

PRIVATIZATIONS AND MERGERS

DEVELOPMENT OF BANKING AND FINANCE (Rs million)

UNIT NAME SALE PRICE DATE OF TRANSFER BUYER NAME
United Bank Ltd. (51%) -1549465680 12,350.00 Oct-02 Consortium of Bestway & Abu Dhabi Group
Bank Alfalah (30%)(22,500,000) 620 Dec-02 Abu Dhabi Group
Habib Bank (51%) 22,409.00 Dec-03 Agha Khan Fund for Eco Develop.
Allied bank limited (51%) 971.6 Feb-91 EMG
Muslim Commercial Bank (75%) 2,420.0 Apri-91 National group
Banker’s equity (51%) 618.7 Jun-96 LTV Group
Habib Credit and Exchange (70%) (52,50000,000) 1,633.9 Jul-97 Sh. Nahyan Bin Mubarik Al-Nahyan
Atlas Bank Ltd will be merged into Saudi Pak Commercial Bank (SPCB) announced on 9 April 2009.

KIBOR (12 DEC-09)

TENOR BID OFFER
1 – Week 11.86 12.36
2 – Week 11.89 12.39
1 – Month 11.96 12.46
3 – Month 12.12 12.37
6 – Month 12.18 12.43
9 – Month 12.23 12.73
1 – Year 12.31 12.81
2 – Year 12.43 12.93
3- Year 12.55 13.05

REGIONAL INTEREST RATES (%)

COUNTRY END07 END08 9-Jan
Korea 5 3 2.5
Thailand 3.25 2.75 2
Phillipines 5.25 5.5 -
Taiwan 3.375 2 1.5
Indonesia 8 9.25 8.75
India 7.75 6.5 5.5
China 7.47 5.31 -
Turkey 15.75 15 13

MINIMUM CAPITAL REQUIREMENT

YEARS CAPITAL
Dec-2008 Rs 5 bn
Dec -2009 Rs 6 bn
Dec -2010 Rs 7 bn
Dec -2011 Rs 8 bn
Dec -2012 Rs 9 bn
Dec -2013 Rs 10 bn

NUMBER OF REPORTING SCHEDULED BANKS AND THEIR BRANCHES

AS ON 30TH
JUNE

PAKISTANI BANKS

FOREIGN BANKS

TOTAL

NO. OF
BANKS

NO. OF
BRANCHES

NO. OF
BANKS

NO. OF
BRANCHES

NO. OF
BANKS

NO. OF
BRANCHES

1976 8 5,150 14 37 22 5,187
1977 9 6,003 15 38 24 6,041
1978 9 6,495 17 40 26 6,535
1979 9 6,610 21 47 30 6,657
1980 9 6,723 21 56 30 6,779
1981 9 7,103 21 56 30 7,159
1982 9 7,244 22 57 31 7,301
1983 9 7,195 23 59 32 7,254
1984 9 7,051 23 59 32 7,110
1985 9 6,980 23 59 32 7,039
1986 9 6,955 22 60 31 7,015
1987 9 7,023 23 63 32 7,086
1988 9 7,141 28 65 37 7,206
1989 9 7,188 25 66 34 7,254
1990 10 7,337 26 67 36 7,404
1991 10 7,480 26 69 36 7,549
1992 18 7,538 28 71 46 7,609
1993 20 7,634 27 71 47 7,705
1994 21 7,663 26 72 47 7,735
1995 25 8,200 25 73 50 8,273
1996 25 8,387 28 82 53 8,469
1997 25 8,446 27 84 52 8,530
1998 25 7,921 27 91 52 8,012
1999 25 7,841 27 94 52 7,935
2000 25 7,755 26 92 51 7,847
2001 24 7,165 25 88 49 7,253
2002 25 6,878 24 88 49 6,966
2003 24 6,834 22 82 46 6,916
2004 28 6,803 17 79 45 6,882
2005 28 7,014 17 91 45 7,105
2006 30 7,296 17 125 47 7,421
2007 34 7,691 13 64 47 7,755
2008 33 8,274 12 69 45 8,343