Tag Archives: Bank

It is rather customary in numerous countries to avail personal loans to go on a vacation, visit some foreign countries etc which could be termed as a cultural phenomenon and also economic model of a particular country. On the contrary, …

According to the latest data released by State Bank of Pakistan (SBP), overall deposits of Pakistan banks have grown by 17% to Rs17.1 trillion in 2020. The growth is the highest in 4 years and is better than 10-year average …

The studies identified that countries should strive to promote a wider use of bank deposits not only to aid economic development and poverty alleviation but good to complement the mainstream macro prudential strategies to improve financial stability in a country. …

The introduction of central bank digital currencies could upend the global economic order. This technology could bring multiple benefits, such as more efficient trade, greater financial access for millions of people, and a reduction in crime. But there are still …

Lending & Deposit Rates (W.A) LR DR Spread Mar-19 10.7 6.5 4.2 Apr-19 11.2 7.6 3.6 May-19 11.6 7.4 4.2 Jun-19 12.4 8.3 4.1 Jul-19 13.3 8.1 5.2 Aug-19 13.1 9.3 3.8 Sep-19 13.5 7.7 5.8 Oct-19 13.7 7.9 5.8 …

A disgruntled account/credit card holder of one of the leading banks disclosed that he received a call from his bank inquiring whether he had made three consecutive transactions consecutively amounting to around Rs 80,000/-. To his utter dismay prior to …

In its first full year of rule, PTI government lead by Imran Khan introduced a number of regulatory actions in CY19, mostly to comply with the conditions imposed by International Monetary Fund (IMF) to remove macro imbalances and structural issues …

Govt has taken great opportunities to bring back economy on the right track Google left-Tania Aidrus can play vital role in digital sector Interview with Ms. Saima Zaidi — an economist PAGE: Tell me something about yourself and your career, please? …

Advances Classified By Securities/Borrowers (Rs in Billion) Securities/Borrowers Oct-19 R Foreign Banks Private Sector Banks Public Sector Banks Specialized Banks All Banks 1. Foreign Constituents – 0.3 – – 0.3 2. Domestic Constituents 81.5 6,012.3 1,550.7 164.6 7,809.1 I. Government …

During 3QCY19 aggregate profitability of listed Pakistani commercial banks (excluding Silk Bank) rose to Rs45.5 billion, up 48%YoY. The increase in profit is primarily on the back of a 33%YoY increase in net interest income and 17%YoY growth in non-interest …

Traditional banks are haunted by financial technology – fintech – firms. Challengers such as mobile-first banks Chime in the US, Monzo in the UK and Germany’s N26 have been around for a number of years now, but big global and …

The financial tsunami that erupted in 2008 has swept the global financial community, and the major financial giants also fell into disarray. Even if the commercial banks in China with a low degree of internationalization have also caused heavy loss. …