Banking Sector in Pakistan

As Opposed to traditional banking, the procedures and polices have changed dramatically in the last decade as banking spreads have posted record breaking profits in the last five years with major concentration on consumer lending.

Pakistan Best Brands- Banking Industry is devoted to provide most updated news of the industry and covers Pakistan Best Brands-Banking Industry, sector, deposit share, network understanding, credit cards, auto loans, personal loans, export schemes 

Credit Cards are being offered from numerous banks Credit card has been introduced by western market to facilitate individuals to meet their financial needs. Due to its small size, it is an excellent tool to diversify bank's credit portfolio and the chances of willful default are minimal [more..]

Personal loans, unlike credit cards, are term finance usually given for 1-5 years. Upon maturity of credit cards market in the country, personal loan [more..]
 

Auto Loans has been introduced by banks to cater car financing of the potential clients. Due to collateralized loan, with relatively low risk, interest rates are comparatively lower.
 [more..]

 

 

 Interest Rate Fluctuations
With 9/11's impact prevailing around the world, interest rate drop drastically and brought lending/deposit rates to as low as 1%.  Pakistan being part of international trade communities and money market suffered major drop in their interest rates. Money was invested in real estate concerns & stock market and brought artificial growth in real estate prices along with major up gradation of stock index to fourteen thousand from six thousand band.