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Tag Archives: Bank

Growing banking sector of Pakistan

Banks offer a large array of financial services to attract customers and to meet their demands. The economists have often revealed banks as intermediaries between savers and users of capital. Banks are special intermediaries due to their unique capacity to …

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Interest Rates

Interest Rates

An interest rate is the cost of borrowing money, or conversely, the income earned from lending money. Interest rates are expressed as percentage of the principal per period. “Reduced interest rates encourage people to spend money on home improvements”   …

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Interest Rates

Interest Rates

An interest rate is the cost of borrowing money, or conversely, the income earned from lending money. Interest rates are expressed as percentage of the principal per period. “Reduced interest rates encourage people to spend money on home improvements”   …

Read More »