Pakistan offers a range of investment opportunities says: PM Nawaz Sharif

May 25, 2017

Pakistan offers a range of investment opportunities says: PM Nawaz Sharif

Size

Font

Prime Minister Muhammad Nawaz Sharif said that the country offers a range of investment opportunities owing to continued economic growth and increased foreign investment in energy and infrastructure sectors under the China-Pakistan Economic Corridor (CPEC).

During a conversation with Standard Chartered Bank Chairman Jose Vinals, the prime minister said a sound capital base, remarkable growth in assets and profitability and compliance with international standards has poised Pakistan’s banking sector in a very competitive position in the region for investors. “The country’s banking sector has shown impressive performance and proved its resilience with stable outlook,” he said. “Due to growth focused policies, Pakistan has been upgraded to the list of emerging markets.”

Nawaz said regulatory and supervisory framework of the country was very progressive and provided a supportive environment to the international investors.

“Standard Chartered is one of the oldest and the largest international bank in Pakistan and the country appreciates its continuous commitment to introduce new technology and innovative financial products, including Islamic banking which is compatible with global standards.”