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.
Asia-Pacific
Latest articles from Pakistan
Standard Chartered paves way with purchase
October 2, 2006The 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, 2006New 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.
Loan lifeline for the poor
June 6, 2005First MicroFinance Bank hopes to become a role model in providing loans to the poor in Pakistan. The bank’s president, Hussain Tejany, talks to The Banker.
The outlook for Islamic banking
May 2, 2005As Pakistani authorities grant the third licence to a wholly Islamic bank, Farhan Bokhari reports from Karachi on this emerging sector.
The right people are hard to find
May 2, 2005There is a dearth of well-trained managers to fill the new posts that are being created to cope with banks’ consumer services, Farhan Bokhari reports from Karachi.
Growth continues but challenges remain
May 2, 2005Prime minister Shaukat Aziz tells Farhan Bokhari in Karachi that Pakistani banks are poised for further growth. But there are mixed opinions about whether the country’s economic recovery is sustainable.
Clear sense of direction
February 2, 2005Pakistan’s banks have been facing up to privatisation and anti-money laundering measures and there are more challenges ahead. Farhan Bokhari reports from Karachi.