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

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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