Tag Archives: Banking

Outlook for commercial banks

Outlook for commercial banks

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, …

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Historical perspective of shipping and insurance

Historical perspective of shipping and insurance

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. …

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The Minutes that Matter

The Minutes that Matter

– 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 …

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Progress in documenting Pakistan economy

Progress in documenting Pakistan economy

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 …

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Growth of Islamic Finance in Pakistan

Growth of Islamic Finance in Pakistan

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 …

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Review of car financing in Pakistan

Review of car financing in Pakistan

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 …

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Refine convergence of banking and telecom

Refine convergence of banking and telecom

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 …

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Integration of telecom with Pakistan banking industry

Integration of telecom with Pakistan banking industry

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, …

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Growing resilience of financial systems in Pakistan

Growing resilience of financial systems in Pakistan

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 …

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Digitalization making banking more convenient for the masses

Digitalization making banking more convenient for the masses

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 …

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Use of telecom, it for banking growth part of global revolution

Use of telecom, it for banking growth part of global revolution

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 …

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