Tag Archives: Bank

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”   …

Bank sees consistency in investment and industry policies must to get sustainability in growth momentum The State Bank of Pakistan (SBP) in its recent third quarterly report said that the growth prospects of Pakistan’s economy from 2018 onwards would largely …

The State Bank of Pakistan is the central bank of the country as well as the apex regulator of the banking sector. Prior to independence from the British Raj on 14th August 1947, the Reserve Bank of India was the …

Whereas, the State Bank of Pakistan (SBP) declared in its annual Financial Stability Review (FSR) this month that Pakistan’s financial sector has remained in a sound and stable state at the end of calendar year 2016, it also highlighted the …

Islamic banking is accelerating rapidly worldwide. The number of Islamic financial institutions has increased significantly in the Middle East and Southeast Asia. There are also International Financial Institutions in Europe and the United States adopting some Islamic instruments to attract …

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 …