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 »Economic growth depends on infrastructure projects, spreading out industries: SBP
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 …
Read More »State bank of Pakistan: Orthodox or prudent?
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 …
Read More »Pakistan’s financial sector to remain positive under the current growing political and economic scenario
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 …
Read More »Islamic financial institutions taking rapid stride than conventional banking
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 …
Read More »Icons of Pakistan’s banking sector
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 …
Read More »SWOT analysis of the banking industry in Pakistan
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, …
Read More »Shaky Pakistani banks post profit in first 3 months of 2017
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 …
Read More »Balochistan’s financial inclusion needs more transparent measures
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 …
Read More »BASEL III IMPLEMENTATION: Banking regulations becoming more strict in Pakistan and India
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 …
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