This Week

An attempt to reduce distributional equity through consumer financing Affordable housing is a common concern of developing nations like Pakistan. Developing countries are the victims of housing shortage, which is in critical condition over the past decade. Every political party …

Consumer finance is in inverse proportion to discount rate. There is no denying that low discount rate all over the globe is an indication of spike in consumer finance. Low discount rate undoubtedly underpins the consumer financing opportunities substantially both …

Pakistan used to be one of the most often overlooked countries when it comes to fintech investments but now it is one of the countries with the most potential. The world’s fifth-most populous nation is seeing record money flow into …

In the first quarter of 2020, the world was faced with Covid-19 pandemic. Globally, factories were shut down, trade was severely disrupted, stock markets crashed, airports all over the world were deserted, and businesses remained closed to contain the coronavirus …

The pandemic has brought lots of challenges especially in the contact center industry. Agents have been round the clock to support an increase in calls as well as increase in the sensitivity and complexity of the calls. To keep them …

Everyone having some interest in the economic matters must have heard economists saying that the construction industry set in motion 40 allied industries. This is a tested hypothesis and easily traceable in correlation between sales of cement, a most important …

Pakistan and the International Monetary Fund (IMF) are still talking about raising taxes and electricity tariff at the last leg of technical-level discussions to put US$6 billion Extended Fund Facility (EFF) back on track. The virtual talks between the two …

Meteorologists are predicting a cold winter, and it could send international energy prices even higher. Record high natural gas prices have forced some utilities to switch to oil, boosting demand for crude. It is feared that oil prices may witness …

The Home Appliance Industry of Pakistan was set up in 1980’s on the basis of fiscal parameters, which were offered by the Government of Pakistan. There has been a significant upward rise in the production of domestic appliances such as …

Studies identified that the significance of the financial system rises with the passage of time as states are moving towards economic development. As the economy becomes wealthier, the financial sector becomes larger. People need to borrow funds from the financial …

According to the Asian Development Bank (ADB) present report-2021 Pakistan’s economic growth rebounded to 3.9 percent in FY2020-2021 and is predicted to reach 4.0 percent in FY2021-22, as business activity steadily resumed in the second year of the Covid-19 pandemic. …

Credit/Loans Classified By Borrowers* (Million Rupees) Details Jun-20 Aug-20 Jun-21 Aug-21P PERSONAL 675,679 707,968 885,881 926,352 A. Bank Employees 140,853 156,518 177,145 183,038 1) For house building 109,783 121,430 140,691 145,133 2) For transport i.e. purchase of car etc. 27,749 …