Pakistan Private Sector Credit Disbursement Rises

Latest Pakistan Political Economic News

Pakistan’s Banks disbursed Rs. 454.5 billion in loans to private businesses during July to April FY21 (last:  Rs. 318.4 billion), which is 43% higher than last year. This was in part due to the lowering of interest rates and a focus of the GOP towards private sector finance.

Conventional banking disbursed Rs. 215.4 billion loans (last: Rs. 145.6 billion) to the private sector in the period under review. The Islamic banking branches of conventional banks disbursed Rs. 135.3 billion (last: Rs. 115.4 billion). Islamic Banking disbursements touched Rs. 103.7 billion (last: Rs. 57.4 billion).

 

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