Case
Naim Sipra, Bashir A Khan, Jefl' Carmen, Momina Aijzuddin
INDUSTRY : Banking
AREA : Finance
ORGANIZATION : Allied Bank Of Pakistan
LENGTH : 15
LUMS No : 02-544-96-1
PUBLICATION YEAR : 1996
KEYWORDS:
Allied Bank Pakistan,Finance,Banking,Privatization,Public Sector,Issues,Performance
DESCRIPTION:
This case focuses on the privatization of a major public sector bank in Pakistan. It captures both macro and micro issues. The former includes the policy of liberalization and changes in banking structure during the period 1990-93, and the latter examines the bank's performance. The case also looks at the privatization process, the form of the sale (ESOP), valuation issues and negotiations between the conceived parties.
LEARNING OBJECTIVES:
The case encapsulates the reform of the banking sector at the time period in question. Allied Bank was the second major financial institution to be privatized, and this was in keeping with an overall trend of dergulation and disinvestment in the economy as a whole.
SUBJECTS COVERED:
Finance