Since March 2020 State Bank of Pakistan has cut interest rate by 625bps. It had also imposed restriction on payment of dividend and issue of bonus shares for two quarters. The two measures were taken to ensure ample liquidity in …
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In Pakistan there exists two distinct, but opposite opinions about the growth of Islamic banking in the country. The proponents are jubilant and claim that now a little less than 15 percent of total assets of the banking sector are …
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During the period July-April, FY2019 the Ministry of Pakistan mentioned in a report that the money supply (M2) rose by Rs 625.3 billion as against with Rs 601.8 billion in the same period of previous year. Net Domestic Assets (NDA) …
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Habib Bank Limited (HBL) is incorporated in Pakistan and is engaged in commercial banking related services in Pakistan and overseas. The Bank operates 1,703 branches inside Pakistan, including 47 Islamic Banking Branches and 48 branches outside the country including in …
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As the State Bank of Pakistan (SBP) is scheduled to announce Monetary Policy on Saturday, this week, it is anticipated that the central bank is obliged under the external pressure of multilateral donors to increase the policy rate by 25bps. …
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Pakistan & Gulf Economist Pakistan's Business Financial Magazine