Bank – Pakistan & Gulf Economist http://www.pakistaneconomist.com Pakistan's Business Financial Magazine Sun, 26 Jan 2020 23:15:41 +0000 en-US hourly 1 https://wordpress.org/?v=5.1.4 Commencing of regulatory changes and impacts http://www.pakistaneconomist.com/2019/12/30/commencing-of-regulatory-changes-and-impacts/ http://www.pakistaneconomist.com/2019/12/30/commencing-of-regulatory-changes-and-impacts/#respond Sun, 29 Dec 2019 22:30:33 +0000 http://www.pakistaneconomist.com/?p=36182 In its first full year of rule, PTI government lead by Imran Khan introduced a number of regulatory actions in CY19, mostly to comply with the conditions imposed by International Monetary Fund (IMF) to remove macro imbalances and structural issues in the energy chain. Major regulatory actions include: 1) adoption of new flexible market determined …

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Pakistan’s financial sector is going through a major transition period http://www.pakistaneconomist.com/2019/12/16/pakistans-financial-sector-is-going-through-a-major-transition-period/ http://www.pakistaneconomist.com/2019/12/16/pakistans-financial-sector-is-going-through-a-major-transition-period/#respond Sun, 15 Dec 2019 22:25:05 +0000 http://www.pakistaneconomist.com/?p=35575 Govt has taken great opportunities to bring back economy on the right track Google left-Tania Aidrus can play vital role in digital sector Interview with Ms. Saima Zaidi — an economist PAGE: Tell me something about yourself and your career, please? Saima Zaidi: I did MA in Economics in the year 2000 since then I have been …

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A Review of the Financial Services Sector (Facts & Figures) http://www.pakistaneconomist.com/2019/12/16/a-review-of-the-financial-services-sector-facts-figures-49-50-19/ http://www.pakistaneconomist.com/2019/12/16/a-review-of-the-financial-services-sector-facts-figures-49-50-19/#respond Sun, 15 Dec 2019 22:10:33 +0000 http://www.pakistaneconomist.com/?p=35438 Advances Classified By Securities/Borrowers (Rs in Billion) Securities/Borrowers Oct-19 R Foreign Banks Private Sector Banks Public Sector Banks Specialized Banks All Banks 1. Foreign Constituents – 0.3 – – 0.3 2. Domestic Constituents 81.5 6,012.3 1,550.7 164.6 7,809.1 I. Government – 621.4 165.9 0.9 788.2 II. Non-Financial Public Sector Enterprises (NFPSE) – 868.6 316.3 – …

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Higher interest rates boost profit of Pakistan commercial banks http://www.pakistaneconomist.com/2019/11/25/higher-interest-rates-boost-profit-of-pakistan-commercial-banks/ http://www.pakistaneconomist.com/2019/11/25/higher-interest-rates-boost-profit-of-pakistan-commercial-banks/#respond Sun, 24 Nov 2019 20:51:24 +0000 http://www.pakistaneconomist.com/?p=34744 During 3QCY19 aggregate profitability of listed Pakistani commercial banks (excluding Silk Bank) rose to Rs45.5 billion, up 48%YoY. The increase in profit is primarily on the back of a 33%YoY increase in net interest income and 17%YoY growth in non-interest income. Biggest increase was posted by BankIslami, followed by Habib Bank and Meezan Bank. Cumulative …

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Traditional banks are struggling to stave off the fintech revolution http://www.pakistaneconomist.com/2019/09/30/traditional-banks-are-struggling-to-stave-off-the-fintech-revolution/ http://www.pakistaneconomist.com/2019/09/30/traditional-banks-are-struggling-to-stave-off-the-fintech-revolution/#respond Sun, 29 Sep 2019 19:05:08 +0000 http://www.pakistaneconomist.com/?p=33045 Traditional banks are haunted by financial technology – fintech – firms. Challengers such as mobile-first banks Chime in the US, Monzo in the UK and Germany’s N26 have been around for a number of years now, but big global and regional banks are still struggling to deal with the competition. While fintechs experience a goldrush …

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Popularity of Islamic banks system http://www.pakistaneconomist.com/2019/07/15/popularity-of-islamic-banks-system/ http://www.pakistaneconomist.com/2019/07/15/popularity-of-islamic-banks-system/#respond Sun, 14 Jul 2019 20:01:42 +0000 http://www.pakistaneconomist.com/?p=30513 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. However, there was one special financial agent went through this financial crisis unscathed. Instead, this …

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Transaction of bank review in prospect http://www.pakistaneconomist.com/2019/07/15/transaction-of-bank-review-in-prospect/ http://www.pakistaneconomist.com/2019/07/15/transaction-of-bank-review-in-prospect/#respond Sun, 14 Jul 2019 19:55:02 +0000 http://www.pakistaneconomist.com/?p=30526 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 requires the tellers to have deep knowledge about the information of lenders and their loan …

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PSX one of the worst performing markets in FY19 http://www.pakistaneconomist.com/2019/07/08/psx-one-of-the-worst-performing-markets-in-fy19/ http://www.pakistaneconomist.com/2019/07/08/psx-one-of-the-worst-performing-markets-in-fy19/#respond Sun, 07 Jul 2019 19:59:18 +0000 http://www.pakistaneconomist.com/?p=30323 Pakistan stock market witnessed a substantial decline of 12% in Rupee terms and 23% in US$ terms during 4QFY19 amidst macro-economic uncertainties. Major decline was posted in the second half (Jan-Jun 2019 with a fall of 9% in Rupee terms and 21% in US$ terms). During the outgoing fiscal year, the benchmark index of Pakistan …

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Review of rising interest rate http://www.pakistaneconomist.com/2019/05/27/review-of-rising-interest-rate/ http://www.pakistaneconomist.com/2019/05/27/review-of-rising-interest-rate/#respond Sun, 26 May 2019 19:44:22 +0000 http://www.pakistaneconomist.com/?p=29128 To sustain the price stability, researchers revealed that the Reserve Bank of any country manage the money supply of that country. Therefore, monetary policy plays its role to stable the economic growth by the number of channels. Researchers also recorded that price stability is main contribution of monetary policy for sustainable growth of any country. …

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Islamic finance a growing business area for conventional banks http://www.pakistaneconomist.com/2019/05/20/islamic-finance-a-growing-business-area-for-conventional-banks/ http://www.pakistaneconomist.com/2019/05/20/islamic-finance-a-growing-business-area-for-conventional-banks/#respond Sun, 19 May 2019 20:01:44 +0000 http://www.pakistaneconomist.com/?p=28840 According to World Bank, the growth of Islamic finance has been rapid at 10-12 percent annually over the past two decades, with the industry surpassing approximately US$ 2,500 billion in size by 2018. Islamic finance has emerged as an effective tool for financing development worldwide, including non-Muslim countries. Accordingly, Islamic financial institutions are gradually becoming …

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