1. BANKING ORGANIZATIONS
TYPES OF BANK
BANKING ORGANIZATIONS

2. BANKING
Banking means the accepting, for the purpose of lending or investment, of deposits of money from the public, repayable on demand or otherwise, ad withdraw able by cheques, drafts, order or otherwise.

3. TYPES OF BANK Classification on the Basis of Function
Classification on the Basis of Ownership
Classification on the Basis of Domicile

4. Classification on the Basis of Function
Central Bank
Commercial Bank
Exchange Bank
Saving Bank
Agricultural Bank
Industrial Bank

5. Central Bank
The function of the central bank is to regulate the flow of money and credit in order to promote efficiency, stability & growth in the country.
Commercial Bank
The commercial banks have been the most effective mobilizes of savings & have been providing working capital to trade, commerce & industry.
Exchange Bank
The exchange banks mainly deal with international trade.

6. Saving Bank
The saving banks collects ad keep the small savings of public.
Agricultural Bank
The agricultural banks are set up to provide financial assistance to the agriculturists
Industrial Bank
The industrial bank provide short, medium, and long term credit to the industries.

7. Classification on the Basis of Ownership
Public Sector Bank
The are owed & controlled y the Govt. e.g. National Bank
Private Sector Bank
These are owed y private corporations such as HBL, ABL, MCB etc…
Cooperative Bank
Cooperative are a integral part of the cooperative movement which aims at the promotion of thrift, self-help & mutual aid amongst agriculturists & others with common economic needs so as to bring about better living, better business & better methods of production etc.

8. Classification on the Basis of Domicile
Domestic Bank
Registered ad incorporated within the country
E.g.
Foreign Bank
Which have their origin & head offices in the foreign country