Pakistan: Financial Sector Assessment Program—Technical Note—Condition of the Banking System
Volume/Issue:
Volume 2005
Issue 157
Publication date: May 2005
ISBN: 9781451830668
$20.00
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Topics covered in this book
This title contains information about the following subjects.
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Banks and Banking , Economics- Macroeconomics , ISCR , CR , bank , commercial bank , asset , capital , asset quality spectrum , privatized bank , capital position , experience capital adequacy problem , position of bank , Commercial banks , Nonperforming loans , State-owned banks , Personal income , Foreign banks , Global
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Summary
This Technical Note examines the condition of the banking system for Pakistan. The number of commercial banks and various nonbank financial institutions in the country grew rapidly in the early 1990s. The privatization of state-owned banks has been accompanied by the liberalization in the financial system and the openness to domestic and foreign competition. This technical note assesses the financial soundness indicators. It also contains the mission’s recommendations aimed at preserving stability and soundness of the banking system.
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