Dossier
Karachi School of Business & Leadership
Coverage of Karachi School of Business & Leadership in the Nexus archive.
- Cutting out the middleman
Pakistan's federal government relies heavily on commercial banks for domestic debt, with banks holding 79% of marketable instruments worth Rs46.6 trillion. This concentration harms credit activity, with banks' advances-to-deposits ratio below 40% and SME loans at 10% of private-sector loans. A shift to retail investors could save Rs80 billion annually by reducing borrowing costs.