KARACHI: Credit to Pakistan’s private sector surged to a three-year high during the first five months of the current fiscal year, crossing Rs1.2 trillion, according to State Bank data released on Monday. While the increase signals higher economic activity, bankers warn that most of the funds are being used for short-term working capital rather than […]
private sector credit
Private Sector Credit Hits 3-Year High
Private sector credit in Pakistan hit a three-year high during the first five months of FY26. The State Bank reported lending crossed Rs1.2 trillion, up from Rs41 billion in the same period last year. Bankers said most loans were for short-term working capital, not long-term investment. Despite the surge, industrial growth remains slow. Analysts warned […]
SBP to increase SMEs share in private sector credit to 17% by 2020: Shaukat Zaman
SBOSBGroup Head, Forex and Development, State Bank of Pakistan (SBP) Shaukat Zaman has said that Small and Medium Enterprises (SMEs) are the backbone of any economy and the SBP is working to increase their share in private sector credit from current 8% to 17% by 2020 so that these business enterprises could achieve strong growth […]