KARACHI: The International Monetary Fund (IMF) has welcomed the progress made by the State Bank of Pakistan (SBP) with respect to the capitalisation of the banking sector. In the eighth review of Pakistan’s economic performance under a 36-month loan programme of about $6.6 billion, the IMF said the SBP should continue its efforts to bring […]

Demise of Consumer Banking in Pakistan   Story of a Lost Opportunity   —- By Simon Issac In the middle of a scorching global economic recession, Pakistan is engulfed by an array of troubles and problems. With a perpetual war on terror, unrest in Baluchistan, inflation, power shortage, declining exports, common man is fast losing confidence […]