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Tag Archives: Credit by Islamic banks soars 190pc

Credit by Islamic banks soars 190pc


January 13, 2019

KARACHI: Islamic banks accelerated their credit to private sector as it grew by almost three times during 1HFY19 over same period last year. The State Bank of Pakistan’s (SBP) latest report shows the credit to private sector by Islamic banks rose to Rs77.086 billion during July-December FY19, surging by 190 per cent, as against Rs26.56bn in corresponding half of last …

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