Pakistan & Gulf Economist Pakistan's Business Financial Magazine
Banking sector accounts for around three-fourth of Pakistan’s financial sector. A robust banking sector is a healthy sign for the economy of a country. It is this sector that plays the role of financial intermediation between savers and investors, which …
Read More »What went wrong with HBL?
In August, the New York State Department of Financial Services (DFS) sought to impose about $630 million penalty on HBL’s New York branch for charged violations of certain rules and regulations. The bank was also ordered to surrender its license …
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