Technical Note
THE PAKISTAN BANKING INDUSTRY
INDUSTRY :BANKING
AREA :ACCOUNTING & CONTROL
ORGANIZATION :-
LENGTH :22
LUMS No :01-327-88-2
PUBLICATION YEAR : 1988
DESCRIPTION
ABSTRACT:
Commercial banks have traditionally acted as intermediaries between clients with surplus funds they wish deployed in a profitable and secure manner and clients in need of funds and willing to pay for their use. From this simple type of transaction has developed a diversified, complex and highly regulated financial industry which involves banks and near banks; insurance companies, co-operative banks, finance companies and investment deals. This note discusses the Pakistan banking industry in detail.