Mobile Money The global financial sector is witnessing a significant transformation due to technological progress and the role it has played. Over a span of decades, various technological innovations have led to new business models and products including new methodologies …

Pakistani newspapers and magazines are full of praises for the Government of Pakistan (GoP) and State Bank of Pakistan (SBP) for ushering double digit growth of Islamic banking in the country. However, the performance over slightly less than two decades …

The Government of Pakistan (GoP) has launched ‘Prime Minister’s Kamyab Jawan SME Lending Program’ aimed at providing self-employment opportunities to unemployed youth. Under the scheme, the GoP will provide mark-up and credit loss subsidy on small business loans up to …

The financial tsunami that erupted in 2008 has swept the global financial community, and the major financial giants also fell into disarray. Even if the commercial banks in China with a low degree of internationalization have also caused heavy loss. …

On Jan 21, 2017 the PSX signed an agreement for the sale of 40 percent strategic shares in the Pakistan bourse with a Chinese consortium, comprising three Chinese exchanges — the China Financial Futures Exchange Company Limited (lead bidder), the …

Among the developing countries having agrarian base, Pakistan is bracketed with countries having a large rural impoverished population. According to a World Bank Report this group of countries on the globe is distinguished for having almost 90% of their rural …

The Pakistan’s economy is facing numerous challenges, which has impacted the overall economic activity. The economy is still and essentially bedeviled by large size and inefficient public sector, low rate of savings and investment, persistent large budget deficits, and inconsistent …

The SBP Policy Rate set by Monetary Policy Committee MPC-SBP at staggering 12.25% needs re-definition and aligning it with our competing economies. The Policy Rate is the root for all forms of Interest Rates and Lending, such as KIBOR (12.68%), …

A robust banking sector is a healthy sign for the economy of a country. It is this sector that plays the role of financial intermediation between savers and investors, which actually determine the rate of economic growth. The banking sector …

There are numbers of professional works in banks that are needed artificial review, which should be careful and conscientious. Therefore, there are higher requirements for bank tellers when dealing with bank professional works. Especially the loan service in banks, which …