Tag Archives: branches

  Over the last one decade banks have been working hard to enhance their outreach, by increasing number of branches but more importantly through deployment of technology. The convergence of telephony and information technology has helped in developing ‘technology highway’. Now an account holder can complete a banking transaction irrespective of time, his location and even his/her primary bank. Initially there was some resistance against use of ‘plastic money’ as …

  The banking sector through CY13 faced tough challenges with external factors including law and order situation, political uncertainty, strikes causing closure of bank branches in distressed areas to name a few. The State Bank of Pakistan (SBP) require banks to have minimum capital of Rs10 billion by December 2014, which will be a challenge for banks below the required threshold forcing another round of mergers and acquisitions review. The …