Pakistan Banks’ Association
Friday, March 27, 2009
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.
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