Central bank triples exposure threshold under Basel III framework to improve financing access for eligible private sector borrowers.
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Private sector borrowing jumps 35% to Rs1.46 trillion in FY26
Lower interest rates drive stronger business credit demand as Islamic banking branches record the highest lending growth
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Pakistan’s Private Sector Shuns New Loans, Retires Rs 8 Billion
Karachi, January 24, 2024 – Pakistan’s private sector has exhibited resilience in the face of challenging economic conditions, retiring a substantial amount of Rs 8 billion in the current fiscal year as opposed to seeking fresh loans.
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Pakistan’s Private Sector Opts for Debt Retirement Over New Bank Loans
Karachi, September 20, 2023 – Pakistan’s private sector has exhibited a distinct preference for debt retirement over taking on new bank loans for business activities.
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Private Sector Initiates Loan Repayments Amidst Challenging Economic Climate in Pakistan
Karachi, August 23, 2023 – Pakistan’s private sector has begun retiring bank loans in response to the challenging economic conditions facing the country.
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Private Sector Loans Nose-Dive 87% in FY23 Due to High Interest Rates and Slowdown
Karachi, July 25, 2023 – Pakistan’s private sector has been hit hard by the economic slowdown and high interest rates, as bank loans plummeted by a staggering 87 percent in the fiscal year 2022-2023, according to data released by the State Bank of Pakistan (SBP) on Tuesday.
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Private Sector Credit Falls into Negative Zone for the First Time in 10 Years
Karachi: Private sector credit in May 2023 has fallen into the negative zone for the first time in a decade, according to analysts at JS Global Research.
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Banking Loans to Private Sector Plummet by 94% in 10 ½ Months
Banking loans extended to the private sector in Pakistan have experienced a significant decline of 94% during the first 10 and a half months of the current fiscal year, as per the latest data released by the State Bank of Pakistan (SBP).
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Private sector credit offtake plunges 80% during 10MFY23
Unfriendly economic conditions have had a significant impact on the private sector credit offtake in Pakistan, with bank loans falling by 80 percent during the first ten months of the 2022-2023 fiscal year.
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Bank borrowing by private sector plunges by 77% in Pakistan
Bank borrowing by Private sector in Pakistan has plunged by over 77 per cent during eight and half months of the current fiscal year when compared with the same period of the last fiscal year.
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