Tag Archives: Bad loans surge to Rs768bn in 2018-19

ISLAMABAD: The non-performing loans (NPLs) of the banking sector increased by more than 23 per cent during FY19 mainly because of energy, with contributions from public sector and the sugar industry. Testifying before a parliamentary panel on Monday, the State Bank of Pakistan (SBP) reported that the stock of NPLs in banking increased to Rs768 billion by end June, rising …

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