05-06-2007, 07:20 AM
You are correct .. we have negative real interest rates for many years which is one of the problems our saving rates are so low.
.. As far as the gap between lending rate and borrowing rate is concerned also called the spread, it is common knowledge that Pakistani banks are charging excessive spreads which was also mentioned by the governor SBP on one of her speaches but she has yet to take any strict action.
You can see the results of these high profits in increase of share prices of all major banks manifolds.
.. As far as the gap between lending rate and borrowing rate is concerned also called the spread, it is common knowledge that Pakistani banks are charging excessive spreads which was also mentioned by the governor SBP on one of her speaches but she has yet to take any strict action.
You can see the results of these high profits in increase of share prices of all major banks manifolds.