KARACHI: Governor State Bank of Pakistan Syed SalimRaza says Pakistan has been less affected by current global crisis as its banks are well capitalized; their assets and liabilities are squarely domestically based.Addressing MAP Corporate Excellence Awards Ceremony here, he said in comparison with other Asian economies, which heavily rely on exports to developed world, Pakistan is less affected because of its limited exports and low exposure in i .... Full Story
Friday, May 15, 2009
Pak less affected by current global crisis: Governor State Bank
KARACHI: Governor State Bank of Pakistan Syed SalimRaza says Pakistan has been less affected by current global crisis as its banks are well capitalized; their assets and liabilities are squarely domestically based.Addressing MAP Corporate Excellence Awards Ceremony here, he said in comparison with other Asian economies, which heavily rely on exports to developed world, Pakistan is less affected because of its limited exports and low exposure in i .... Full Story
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