Pakistan's Banking Sector's Industry Analysis
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May 11, 2013
No of pages / words:
5 / 1328
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The country started without any worthwhile banking network in 1947 but witnessed phenomenal growth in the first two decades. By 1970, it had acquired a flourishing banking sector.
The era of 90s was the climax of privatization, deregulation and restructuring in the domestic banking industry and financial institutions...
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The Government only owns the National Bank but 80% of bank assets are in private sector. Banking assets rose three-folds over the last five years and the industry size is reaching Rs 4 trillion. The contribution of banking sector to GDP ratio is 55.6%. Pakistan has been ranked 2nd in performance and efficiency indicators among the South Asian countries by the World Bank...
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