A direct investment, through Pakistan’s digital currency...
Banks act more like fund managers.
Bank CEOs must tell their boards about structural imbalances that exist in the banking industry
Digital banks that have a path to profitability offer digital lending, personal finance management and robo-advisory.
Banks’ experience in housing finance is limited to providing funding to their own staff or to the high-end customers in...
Once people in your phone contact list have linked their mobile wallets or ...
After the trial period the Commission will determine if there is a genuine need in the market for the proposed...
Lack of interest among commercial banks for non-banked customers and limited capital for fintechs are not a regulatory issue
The current approach needs to be combined with the digitisation of the value chain of manufacturing, agriculture, construction.
Anybody, including fintechs, should be able to offer banking products on a core banking application...
E-commerce’s share even in the most digitally advanced countries has not crossed 25pc; in Pakistan, it is less than 1pc
Pakistan does not have a significant marketing industry.
We have 130,000 practising doctors for a country of 220m, well below the WHO minimum of one doctor for every 1,000 persons
Bottlenecks must be tackled from both sides.
If the lending is to be Rs430bn in the first year, the government would need to subsidise Rs36bn for it.
We have the demand and the technology to increase consumer loans to 10m and nano (under Rs5,000) loans to another 40m customers.
The irony is that people save, just not within the formal system: 23pc via the committee mechanism.
The solution for our education challenge is not to just throw more money at it but to explore technology...
The ground reality is that most commercial banks in Pakistan operate like asset management companies.
Developing ‘Pakistan Stacks’ will allow each citizen to have their own electronic locker where their records will be available.