Higher local prices of non-Basmati rice varieties have led to loss of several markets to Indian exporters.
Recent State Bank statistics show that banks’ net lending to wholesale trade doubled to Rs6bn in 2013 from Rs3bn in 2012
The State Bank of Pakistan has enhanced, after five years, crop loan limits, which are expected to boost farm...
Banking products are becoming more aligned with financial market conditions being shaped by overall economic situation.
In 6 months of FY14, rise in food prices has been higher than increase in CPI inflation as a whole —9.9pc against 8.9pc.
The Banking Ombudsman’s office documents similar complaints everyday, and tries to persuade banks to address them.
During 5 months of FY14, textiles got 90pc of the manufacturing sector’s loans & 48pc of the total loans to PSBs.
Prices of wheat, pulses and beef went up in Nov on increased demand during the last three days leading to Ashura.
Large-scale manufacturing grew about 13pc year-on-year in Sept, and by more than eight per cent during July-Sept.
Islamic banks are facing difficulties after SBP linked minimum deposit rate of conventional banks to its own repo rate.
Private sector borrowing is picking up due to the rising output of large-scale industries & revival of personal loans.
SINDH looks set to maintain the rising trend it had witnessed last year in production of cotton and sugarcane. ...
THE outlook for the leasing business is apparently improving. Some top companies are focusing on agricultural...
Pakistan's fire-fighting to contain the current account deficit is on, with plans to raise $750m through eurobonds.
Integrating financial markets is more challenging now due to the structural flaws within domestic financial system,
Bankers have started looking for opportunities in project financing to make up for an expected lower growth in income.
These implications also include an increase in the rupee-cost of external debt servicing and a rise in liquidity levels.
Within 18 days, the rupee lost 1.6pc of its value against US$, falling to Rs106.16 on Sept 18, from Rs104.53 on Aug 30.
AFTER reducing its key policy rate by 50 basis points to nine per cent in June, the State Bank of Pakistan has ...
Banks’ lending to the agricultural sector that has been on the increase rose further in the last fiscal year.