Tag Archives: Banks good to go for six months

KARACHI: Banks have enough cash to sail through a liquidity crunch for six months as borrowers seek to delay principal payments on loan obligations amidst the coronavirus outbreak. Speaking to Dawn on Tuesday, Pakistan Banks’ Association (PBA) Chairman Muhammad Aurangzeb said the balance sheets of commercial lenders are in good shape to sustain poor cash flows in the immediate term. “I think …

Read More »