Dogged by a history of political instability, Pakistan has struggled to secure trading partners or attract much in the way of foreign investment, at the expense of its economy. However, a new pro-business government and a revival in GDP growth suggest that the country's economic fortunes might finally be on the up.
Asia-Pacific
Latest articles from Pakistan
Banks to watch in 2013, Tameer Bank
February 1, 2013The Banker has identified 13 banks to keep an eye on in the coming year based on a variety of factors. Pakistan-based Tameer Bank has been selected for its mobile banking service, which is one of the first successful mobile banking schemes to employ a bank-led, commercially driven model.
Profit performance masks the challenges faced by Pakistan's banks
August 1, 2011Although Pakistan tops The Banker’s Top 1000 World Banks profit rankings, the country’s banking sector faces a number of difficulties as it copes with a challenging economic environment.
The remarkable resilience of Pakistan's banks
July 28, 2010Despite an extremely challenging fiscal, political and security environment, Pakistan's banks have remained remarkably resilient. But high interest rates, low economic activity and a bruised consumer portfolio continue to suppress loan growth. Writer Michelle Price
A complex predicament
June 2, 2008With a growing financial industry and a host of new sectors set to develop, will Pakistan hold its own amid market slowdown and troubled domestic politics? Karina Robinson reports from Karachi.
Bold governor strives for new frontiers
June 2, 2008Shamsad Akhtar, governor of the State Bank of Pakistan, has an ambitious vision for the bank to have a greater say in economic policy, she tells Karina Robinson.
A new paradigm
September 3, 2007Pakistan is implementing a new development paradigm for the country’s banking sector with the aim of bringing the country’s poor and rural population into the system, writes Dr Shamshad Akhtar.
Privatised industry will pave the way to wealth
May 7, 2007Zahid Hamid, minister for privatisation and investment, talks to Jules Stewart about his ambitious plans for a modern, industrialised Pakistan.
Financial reform needs a progressive mindset
May 7, 2007Shamshad Akhtar, governor of the State Bank of Pakistan, talks to Jules Stewart about the influence of the US macroeconomy on Pakistan’s economic landscape and the importance for the developing world in keeping open this window to the West.
Banks set pace for Pakistan
May 7, 2007Pakistan looks set to achieve a goal many thought impossible: economic stability. Jules Stewart reports.
