Original story:
Pakistani banks don’t lend to the private sector. For good reason

We explain what is meant by Gross Domestic Product in the first in our series of economics explainers.

The Abu Dhabi group or known as the Dhabi group is one of the key foreign investment players in Pakistan, but recently the group has been faced with a lot of controversies and even rumours that Sheikh Nahayan bin Mubarak Al Nahayan, the man behind the group is planning his and the group’s exit from Pakistan.
Find out in our latest piece about the Abu Dhabi Group, Sheikh Nahayan and the Pakistanis who were the central figures in the story.
Read more: https://profit.pakistantoday.com.pk/2…

#Hascol #OilMarketingCompany
Once regarded as the fastest-growing oil marketing company (OMC) in Pakistan, Hascol rose to glory in a very short period of time, however, this glory was short-lived and in 2019 began a hard road for the company. Profit explores the various reasons behind Hascol’s decline and the true extent to which the company actually fell.
Read more: https://profit.pakistantoday.com.pk/2…

#IGI #Insurance #SyedBabarAli #LUMS #Packages
Rumour has it that Syed Babar Ali is ready to buy a bank, but is there any truth to these rumours? And if he is really buying a bank then which one?
For more details: https://profit.pakistantoday.com.pk/2…

#AlliedBank #Profit #Big5 #Banks
Allied Bank is the type of institution that makes that “Lazy Big Five Banks” stereotype look true. The bank has been – almost without interruption – the fifth largest in Pakistan for the last four decades and it appears perfectly comfortable staying there. While the bank has among the cheapest deposit bases in the industry, it has grown slower than the industry as a whole over the last five years (a compound annualised growth rate of 10.1% versus 12.1% for the industry).
Read more: https://profit.pakistantoday.com.pk/2…