The commercial banking sector in Pakistan comprises of various banks. A large number of international banks are also present in Pakistan. Some international banks have incorporated local subsidiaries and operate a wide network of branches. We categorise the Banking industry into large, medium sized and small banks and a special category of islamic banks.

Large banks includes five private sector banks and one public sector bank which together account for more than 60% of the total assets of banks in Pakistan. Medium sized banks mostly includes banks incorporated in last decade and account for more than 30% of the total assets of banks. Small banks mostly includes branches and subsidiries of foreign banks in Paksitan.

Over the past 10 years the islamic banking has seen a rise in the Pakistani market. Currently the islamic banking total asset stand at more than 5% of the total assets of the banking industry in Pakistan.

Initially the banking sector was dominated by five nationalized large banks but four of them have now been privatised. Local private banks were allowed to be formed in 1991 and a number of banks were formed. These banks now carry a sizeable market share.

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We can help banks transform, develop and evaluate the right operating models and strategies to respond to this new financial world. Some banks will follow a path of gradual evolution. Others will opt for a complete strategic change. With unparalleled experience in audit, tax and advisory services, KPMG has the depth of knowledge and breadth of skills needed to guide banks as they harness the power of data and technology, empowering their people to provide a truly customer-centric service.