News Analysis: The State Bank Of Pakistan has altered some of its loan requirements so greater commercial activities can commence. During this process, the various Banks in Pakistan understand that Operational Overviews are Imperative. Increased Transparency will be demanded for the Boards of Directors in each Bank.
Pakistan is wise in cautiously liberalizing loan requirements to spur economic growth. The Textiles supplied for Export should be supplanted with Hard Goods for foreign consumption some people say. Intelligent and hard working Pakistanis (193 + Million) need to get beyond Agricultural Exports in this Country of 796,000+ Km2 (307,000+ Mi2).
Investors who understand the higher risk of Investing in Pakistan should also appreciate the Higher Profits that can be attained in the country. Mineral Exploration would be a good start. Certainly the Government would consider Foreign Investment Funds to be important for its citizens’ prosperity.
Reference: http://www.dawn.com/news/1080197/banks-risk-management