IDEAS home Printed from
MyIDEAS: Log in (now much improved!) to save this article

Consolidation in Pakistani Banking Sector

Listed author(s):
  • Ziaul Haque Memon


    (Shaheed Zulfikar Ali Bhutto Institute of Science and Technology (SZABIST))

  • Faisal A. Shaikh

    (Shaheed Zulfikar Ali Bhutto Institute of Science and Technology (SZABIST))

Registered author(s):

    Pakistan's banking sector has progressed rapidly in the last few years. The trend of consolidation in the industry, which began in the US and spread to Europe, Middle East, and South East Asia, has now reached the subcontinent. A process of consolidation as a viable solution has followed each crisis in the banking sector. In the aftermath of the crisis in South East Asia in 1997, when capital outflow plunged the banking sector, central banks of the states found consolidation as one of the crucial remedies. Since Pakistan was following the South East Asian model of financial liberalization, it also adopted consolidation under the supervision of the International Monetary Fund. After the collapse of Asian tigers, weak banks were asked to increase their paid up capital from PKR 500 million to PKR 1 billion. As a result, banks had to take the consolidation route. State Bank of Pakistan became powerful regulator after an amendment in 1997 Act.

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

    File URL:
    Download Restriction: no

    Article provided by Shaheed Zulfikar Ali Bhutto Institute of Science and Technology (SZABIST) in its journal Journal of Independent Studies and Research (JISR).

    Volume (Year): 1 (2003)
    Issue (Month): 1 (January)
    Pages: 17-22

    in new window

    Handle: RePEc:zab:ancoec:v:4:y:2006:i:2:p:17-22
    Contact details of provider: Postal:
    90 Clifton, Karachi

    Web page:

    More information through EDIRC

    No references listed on IDEAS
    You can help add them by filling out this form.

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    When requesting a correction, please mention this item's handle: RePEc:zab:ancoec:v:4:y:2006:i:2:p:17-22. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Aslam Parvez Memon)

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.