Title: Pakistan's Banking Sector's Industry Analysis

Essay Details

Subject: Business
Author: Brandon W
Date: June 12, 2014
Level: University
Grade: A
Length: 5 / 1328
No of views: 0
Essay rating: good 0, average 0, bad 0 (total score: 0)

Essay text:

The country started without any worthwhile banking network in 1947 but witnessed phenomenal growth in the first two decades. By 1970, it had acquired a flourishing banking sector. The era of 90s was the climax of privatization, deregulation and restructuring in the domestic banking industry and financial institutions...

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The Government only owns the National Bank but 80% of bank assets are in private sector. Banking assets rose three-folds over the last five years and the industry size is reaching Rs 4 trillion. The contribution of banking sector to GDP ratio is 55.6%. Pakistan has been ranked 2nd in performance and efficiency indicators among the South Asian countries by the World Bank...

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