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December 2006

Pakistan's central bank governor Shamshad Akhtar shows confidence in the system

by Eric Ellis

The liberalization of Pakistan’s financial sector has generated unprecedented growth in the number and size of the country’s banks. Pakistan’s central bank governor, Shamshad Akhtar, discusses the challenges posed by the dramatic growth in the financial industry.


The iron lady at the heart of Pakistan’s new economy

Are you happy with the state of Pakistan’s banking industry?

Pakistan’s banking industry has witnessed unprecedented and substantial growth in assets, deposits and advances. Supported by good management, the industry is performing quite well, as evident from its profitability indicators, such as return on equity, which currently stands at 26.5%. Strong earnings, coupled with prudent management, have enabled the industry to...


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