State Bank of Pakistan takes steps to rescue banks

State Bank of Pakistan has taken some steps to save Pakistani banks from crisis. It has been reported in Pakistani press several times that banks are facing problems due to financial crunch. Big banks have almost deleted small banks from their list of financing which has aggravated problems for them.

It now seems that the international financial crisis is beginning to take shape in Pakistan as well.

State Bank of Pakistan has taken some steps to save Pakistani banks from crisis. It has been reported in Pakistani press several times that banks are facing problems due to financial crunch. Big banks have almost deleted small banks from their list of financing which has aggravated problems for them.

It now seems that the international financial crisis is beginning to take shape in Pakistan as well.

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