KARACHI, Nov 28: Governor State Bank Dr Ishrat Hussain, stressing for some substitute investment plan for traditional savers in National Savings Schemes, advised Arif Habib Investment Management Limited (AHIM) to create a brick-and-mortar presence in major retail locations coupled with an internet based marketing effort.

“This could be done in conjunction with banks”, he opined.

During his visit to the Arif Habib Investment Management Limited, fund managers for the Pakistan Stock Market

Fund (PSM) and Pakistan Income Fund (PIF) here on Thursday, the Governor showed deep interest in the retail efforts.

He was of the view that the traditional savers and investors of National saving schemes were facing problem due to falling interest rates and direly needed adequate substitutes.—APP