Latest articles from Pakistan

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The remarkable resilience of Pakistan's banks

July 28, 2010

Despite 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, 2008

With 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, 2008

Shamsad 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, 2007

Pakistan 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, 2007

Zahid 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, 2007

Shamshad 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, 2007

Pakistan looks set to achieve a goal many thought impossible: economic stability. Jules Stewart reports.

Promise in Pakistan

April 2, 2007

If Pakistan successfully launches an Islamic-compliant treasury bond, it will lift the growth potential of the country’s embryonic Islamic banking sector. Farhan Bokhari reports from Karachi.

Standard Chartered paves way with purchase

October 2, 2006

The sale of a majority stake in Pakistan’s Union Bank to Standard Chartered marks a growing optimism in the country’s banking sector. But will forthcoming elections and regional conflict dampen its success? Farhan Bokhari reports from Karachi.

Governing Pakistan’s economic recovery

February 6, 2006

New central bank head Shamshad Akhtar takes over the reins as the financial sector enjoys a period of growth and a successful privatisation process. However, she is far from complacent, as Farhan Bokhari reports from Karachi.

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