Pakistan Today

Banking sector ‘Profits’ remained stagnant in 2016

The banking sector profitability remained flat in 2016, owing to the lower Net Interest Income (NII) and Net Interest Margins (NIMs), as there was a big maturity of Pakistan Investment Bonds (PIBs) and other treasury bills etc. Along with lower NII, non-interest income of the sector was also down by 3 per cent to Rs Read More

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