Growth in advances to private sectors unprecedented: SBP’s 4th quarterly report for CY16

The State Bank of Pakistan (SBP), in its 4th quarter performance Review (QPR) of the Banking Sector ended 31st December 2016, said the deposit growth has remained on a steady path while 4th quarter’s profit has improved over last years’, though entire year’s profit slightly narrowed owing to low-interest rate environment. The deposit has grown Read More