Tag Archives: Banking

After an unexpected increase in cut-off yields in last T-Bill auction on December0 1, 2021, money market yields have been on a rising trend recently. Bond yields are up 136-144bps since SBP increased the policy rate by 150bps on November 19, 2021. Since the last PIB auction on November 29, …

Banking and insurance services play a vital role in the economic development of any country. International trade, commerce and industry cannot develop and function without the key role of banking and insurance. We can understand how banking developed because it provides the facility to make collective investment in viable projects. …

– Building meaningful relationships with Pakistani customers through digital onboarding Technology innovation has re-shaped the world we see today, making markets more aggressive and customers increasingly demanding. To adapt to the new market “normal,” traditional banks have turned to digital banking tools such as digital customer onboarding to offer optimized …

Pakistan is a fairly young country by most standards. Conflicts, complications and historical political divisions have hindered its path to emerge as an influential and modern state. However, globalization along with various other economic factors have put the country in a strong position, most significantly due to its vibrant banking …

Pakistan’s key experts recorded that the Islamic banking industry could play a vital role in eradicating poverty and inequality from Pakistan. A lot of work still is needed to educate the public about the difference between Islamic and conventional banking in Pakistan. In 2001, historically, Islamic banking was predicted to …

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 institutions to buy those assets which they want. It is …

Telecommunication companies and commercial banks have been converging for years. According to some sector experts, banks are witnessing greater competition from telecom operators, which are aggressively entering into financial services, especially in transactional lines of business. Therefore, there is a need to explore the opportunities for complementing each other to …

The Pakistani banking industry is underway of digital transformation serving the financial inclusion, changing the customer’s expectations and their interactions to make the fulfilment easier, faster, transparent and secured. Though, Pakistani banks have been bit stalled in prescriptive regulatory compliance in the customer relationship journey; however, in the coming years, …

The State Bank of Pakistan (SBP) has issued its flagship annual publication, the Financial Stability Review (FSR) for CY20. The Review presents performance and risk assessment of various stakeholders in the financial sector including banks, non-banking financial institutions, financial markets, non-financial corporates and financial market infrastructures. The FSR highlights that …

Greater financial inclusion and newer opportunities need of the moment Meezan Bank taking lead in e-commerce development in the country Interview with Mr. Irfan Siddiqui — President and CEO, Meezan Bank Limited PAGE: Tell me something Meezan Bank, please: Irfan Siddiqui: Meezan Bank is the first and largest Islamic bank of …

Interview with Miss Tara Uzra Dawood — CEO & Founder, 786 Investments Ltd PAGE: Could you share your perspective of the technological innovations in the telecom sector on the banking services? Tara Uzra Dawood: Unlike dinosaurs who didn’t survive the Ice Age, bankers can see the changes ahead. Retail banks have …

The banking services innovate after Covid but will follow through Interview with Dr. Ayub Mehar — a renowned economist PAGE: Tell me something about yourself and your career, please: Dr. Ayub Mehar: I am associated as ‘Economic Advisor’ with the Employers’ Federation of Pakistan and serving as ‘Professor’ in Iqra University …