Strong deposit growth bodes well for Pakistan banks

ISLAMABAD (APP): Deposits at Pakistan’s commercial banks reached Rs11.2 trillion as of December 30, 2016, some 20.4 per cent year-on-year growth in deposits compared to the last three years, Khaleej Times reported. Banking and equity sector analyst Umair Naseer of Topline Securities said this is significantly higher than the historical average growth of 12 per… Read More »