Thesis
Privatization of Banking Sector in Pakistan
(A Case Study of MCB & ABL)
Ph.D. Dissertation
Submitted to Prof. Dr. Bahadar Shah Supervisor
Researcher Bakhtiar Khan
Department of Public Administration Gomal University, Dera Ismail Khan N.W.F.P. Pakistan
Table of Contents Page No i ii iii v vi viii
Abstract Acknowledgements List of Tables List of Figures Appendix List Introduction
Chapter: 1
Introduction
1 1 3 4 8 10 10 10 11 11 12 12 13 14 15 17 18 20 21 24 24 24 26 28 33 34 35 36 42 42 45 46 48 48
1. Description of the Study 1.1 Privatization 1.2. Types and Techniques of Privatization 1.3. Privatization process in Pakistan 1.4. Steps in Privatization in Pakistan 1.4.1 Identification 1.4.2 Hiring of Financial Advisor 1.4.3 Due Diligence 1.4.4 Enacting any needed regulatory a sectoral reform 1.4.5 Valuation of property 1.4.6 Pre-Bid and Bid Process 1.4.7 Post-Bid Matters 1.5 General Objectives of Privatization 1.6. Modalities of Privatization in Pakistan 1.7. Implications of Bank Privatization 1.8. Privatization of Banks Privatization of Banks in Pakistan 1.9. 1.9.1 Muslim Commercial Bank Limited. 1.9.2. Allied Bank Limited 1.9.3 Overview 1.9.4 Historical Background 1.9.4.1 Pre- Nationalization Stage 1.9.4.2 Nationalization Stage 1.9.4.3 Privatization Stage 1.10. Objectives of Privatization of Banks 1.11. Scope of the Study 1.12 Objectives of Study 1.13. Methodology
Chapter: 2 Literature Review
2.1 2.2 2.3 2.4 2.5 2.6 Introduction Privatization of Banks and its Efficiency Privatization of Banks and its impact on Economy Privatization of Banks and its impact on Employees Privatization of Banks and its impact on Customers Privatization of Banks and Regulation
Chapter 3: Privatization of Banks and Its Impact on Efficiency
3.1 3.2 3.3 3.3.1 3.3.2 3.3.3 3.3.4 3.3.5 3.3.6 3.3.7 3.3.8 3.3.9 3.3.10 3.3.11 3.4. 3.4.1 3.4.2 3.4.3 3.4.4 3.4.5 3.4.6 3.4.7 3.4.8 3.4.9 3.5 3.6 4.1 4.2 4.3 4.4 4.4.1 4.4.2 4.4.3 4.4.4 4.4.5 4.4.6 4.4.7 4.4.8 4.5
(A Case Study of MCB & ABL)
Ph.D. Dissertation
Submitted to Prof. Dr. Bahadar Shah Supervisor
Researcher Bakhtiar Khan
Department of Public Administration Gomal University, Dera Ismail Khan N.W.F.P. Pakistan
Table of Contents Page No i ii iii v vi viii
Abstract Acknowledgements List of Tables List of Figures Appendix List Introduction
Chapter: 1
Introduction
1 1 3 4 8 10 10 10 11 11 12 12 13 14 15 17 18 20 21 24 24 24 26 28 33 34 35 36 42 42 45 46 48 48
1. Description of the Study 1.1 Privatization 1.2. Types and Techniques of Privatization 1.3. Privatization process in Pakistan 1.4. Steps in Privatization in Pakistan 1.4.1 Identification 1.4.2 Hiring of Financial Advisor 1.4.3 Due Diligence 1.4.4 Enacting any needed regulatory a sectoral reform 1.4.5 Valuation of property 1.4.6 Pre-Bid and Bid Process 1.4.7 Post-Bid Matters 1.5 General Objectives of Privatization 1.6. Modalities of Privatization in Pakistan 1.7. Implications of Bank Privatization 1.8. Privatization of Banks Privatization of Banks in Pakistan 1.9. 1.9.1 Muslim Commercial Bank Limited. 1.9.2. Allied Bank Limited 1.9.3 Overview 1.9.4 Historical Background 1.9.4.1 Pre- Nationalization Stage 1.9.4.2 Nationalization Stage 1.9.4.3 Privatization Stage 1.10. Objectives of Privatization of Banks 1.11. Scope of the Study 1.12 Objectives of Study 1.13. Methodology
Chapter: 2 Literature Review
2.1 2.2 2.3 2.4 2.5 2.6 Introduction Privatization of Banks and its Efficiency Privatization of Banks and its impact on Economy Privatization of Banks and its impact on Employees Privatization of Banks and its impact on Customers Privatization of Banks and Regulation
Chapter 3: Privatization of Banks and Its Impact on Efficiency
3.1 3.2 3.3 3.3.1 3.3.2 3.3.3 3.3.4 3.3.5 3.3.6 3.3.7 3.3.8 3.3.9 3.3.10 3.3.11 3.4. 3.4.1 3.4.2 3.4.3 3.4.4 3.4.5 3.4.6 3.4.7 3.4.8 3.4.9 3.5 3.6 4.1 4.2 4.3 4.4 4.4.1 4.4.2 4.4.3 4.4.4 4.4.5 4.4.6 4.4.7 4.4.8 4.5
References: 193 Annual Reports of United Bank limited for various years, 1997 to 2001 Annual Reports of State Bank of Pakistan for various years, 1999,2000,2001 and 2002 198 Argentina: The Fiscal Dimension of the Convertibility Plan, World Bank mimeo, August, 1997b Cook, P., and C. Kirkpatrick, eds, 1995, Privatization Policy and Performance:International Perspectives, London: Prentice Hall/Harvester Wheatsheaf Cooper, R