Rethinking the Criticism: Why Banks Prefer Government Lending Amid Pakistan’s Economic Realities
Furqan Ali critiques the widespread perception of opportunism in Pakistan’s banking sector, arguing that reliance on government lending is a calculated response to deeper structural flaws. He urges for major public finance and economic reforms to enable a more balanced credit environment.
NBP Exits Global Hubs: Shuts Down Paris and New York Branches Amid Strategic Consolidation
National Bank of Pakistan (NBP) closes its branches in Paris and New York as part of a global consolidation strategy, citing financial losses and regulatory compliance challenges.