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Pakistan Banks’ Association
(PBA) represents the Pakistan Banking
Industry. Established in 1953, its main objective
is to coordinate the efforts of the banking
industry, and to share a common vision of progress
and development with its members.
PBA
Membership is institutionalized and is available
only to the Banks operating in Pakistan.
Currently there are 48 members, categorized into 6 groups
(one of these groups is under formation).
Its governing body is an Executive Committee (EC)
comprising of 14 members, represented by the Chief
Executives of the respective member institutions. PBA’s Principal Executive is the Chairman of the
Executive Committee, elected periodically from
within the EC. Presently, PBA has 10 functional Sub
Committees, each chaired by a member of the
Executive Committee. Remaining members of the Sub
Committees are relevant Executives of member
banks. Find more about PBA and it’s governance in
the PBA Profile Section. Particulars of
members such as their corporate and management
profiles, branch networks and financial statements
are available in the PBA Members Section.
Over the years the role of PBA has
broadened considerably. It is now referred to by
the State Bank of Pakistan in formulation of
regulations for the banking industry, and has been
entrusted with the function of regulating and
monitoring certain services provided to the
banking industry by outside service providers.
These service providers include ‘Professional
Valuers’, who are evaluators allowed to appraise
the values of assets collateralized to banks, and
Security Agencies offering security services to
the Banking Industry. For details visit the PBA
Panels Section. |