Tag Archives: Bank

Banking formally started in areas now comprising Pakistan during the British Raj. After getting independence from the colonial era in 1947 a new country, Pakistan appeared on the global map. Very soon the Head Office of Habib Bank shifted to …

The growth momentum of the banking industry in the second quarter of 2017 was supplemented by favorable macroeconomic conditions i.e. low interest rates, strengthening aggregate demand, uptick of industrial activity and positive outlook as CPEC related projects gain steam. However, …

Pakistani banks are encountering number of challenges ranging from historically low interest rates to lethargic credit off-take while menace of interruption from mobile financial services also emerges large. Pakistani banks, have done pretty well financially despite these challenges. Profitability of …

Financial inclusion means access to formal financial services including savings, credit, insurance and payments vis-à-vis formal financial intermediaries, at an affordable cost. Today, Pakistan’s financial sector has transformed into a modern and sound financial sector dominated by private banks. The …

Basel III will keep banks fairly busy in a variety of ways. It will absorb huge amounts of resources. It will not be only financial ones but also in terms of manpower, management attention, IT-capacity and budgets for external consulting …

Interview with Mr Irfan Siddiqui — President & CEO, Meezan Bank PAGE: YOUR VIEWS ON THE PERFORMANCE OF THE BANKING SECTOR FROM JANUARY TO JUNE 2017: IRFAN SIDDIQUI: Pakistan’s banking sector has performed well during last 6 months with a significant …

Setting up export-oriented industries is the only way for economic growth for our country Interview with Mr Tanweer Haral — Head Strategic Marketing, National Rural Support Program (NRSP) Microfinance Bank Limited PAGE: YOUR VIEWS ON THE PERFORMANCE OF THE MICROFINANCE …

Well-organized liquidity management must be the primary focus of any state’s banking sector; however, this has gained presently more importance in Pakistani banking sector. Pakistan’s economists have predicted that further Public Sector Development Program (PSDP) and China-Pakistan Economic Corridor (CPEC) …

CREDIT/LOANS CLASSIFIED BY BORROWERS *(Million Rupees) Description 15-Jun 16-May 16-Jun May-17P 1. Credit to Government Sector (A+B) 7265070.09 7885069.559 8109480.9 8882141.539 A. SBP Credit to Government Sector (Net) 1987950.397 1586876.265 1454172.5 2320920.118 B. Scheduled Banks Credit to Government Sector (Net) …

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”