Mutaher Khan

Crumbling tech dreams

Crumbling tech dreams

The GDP of the information and communication sector fell year-on-year in three of the four quarters of FY23, as per the State Bank. Published 26 Feb, 2024 08:43am
The ongoing digital payment spurt

The ongoing digital payment spurt

Online transactions through banks, microfinance banks, and EMIs clocked in at 561m for Q1-FY24 as against 141.3m done over the counter. Updated 11 Jan, 2024 04:02pm
How digital are existing banks?

How digital are existing banks?

Meezan leads in mobile and internet banking with over a quarter of the industry’s total transactions in the first half of 2023. Published 20 Nov, 2023 07:50am
Flip-flopping policies for SMEs

Flip-flopping policies for SMEs

Only 2.1pc of the firms in the country have a bank loan or line of credit, compared to 23.7pc in the region. Updated 23 Oct, 2023 10:19am
Growing, but at what cost

Growing, but at what cost

Islamic banking’s investments-to-deposits ratio grew to 63.39pc in 2022 from just 20.39pc in 2017. Updated 16 Oct, 2023 10:01am

Fresh grad woes

Youngsters entering the job markets are inadequately compensated in the name of exposure and experience Published 25 Sep, 2023 08:20am
Beyond opening  new accounts

Beyond opening new accounts

According to the World Bank’s Findex, only 3.6pc of Pakistanis report borrowing from a financial institution or mobile money Published 11 Sep, 2023 07:02am
Making money virtually

Making money virtually

Earlier in March, the State Bank reported that over $8.93m was remitted out of Pakistan in the last two years through video chat apps. Published 28 Aug, 2023 08:32am
Microfinance’s downward spiral

Microfinance’s downward spiral

Share of outstanding loans at interest rates of 25pc or more reached 77pc of the total by December, much higher than the earlier 51pc in June 2022. Updated 31 Jul, 2023 12:01pm
When tourist investors leave

When tourist investors leave

High net worth individuals and micro funds who had turned towards cheaper developing countries have hit the venture capital brakes. Updated 10 Jul, 2023 09:50am