Pakistan News

    Consumer Banking Products In Pakistan Most People

  • Innovative banking products

    THE use of financial technology — fintech — is fast becoming visible across the spectrum of all banking products but notably for handling of home remittances...

    “As the central bank keeps pushing us to mobilise more remittances from overseas Pakistanis and as growth rate of remittances has started slowing down, fintech is keeping us on track in our task,” says a senior executive of National Bank of Pakistan...

  • Over 1bn people across the globe need assistive products: WHO

    ISLAMABAD: A special event was organised by Pakistan on Thursday during the ongoing World Health Assembly in Geneva in order to find a way forward for countries to take concrete measures in improving access to assistive technology...

    Pakistan was supported in hosting the event by China, Italy and Iraq, according to a press release issued by the Ministry of National Health Services...

  • Consumer confidence improves in Pakistan

    KARACHI: Consumer confidence has increased in the wake of improved economy and higher expectations for future economic growth, results of a State Bank survey show...

    SBP’s Consumer Confi­dence Survey — conducted during Sept 5 and 9 — notes, “Overall, the Consumer Confidence Index (CCI) increased by 5...

  • Pakistan consumer confidence dips in third quarter: survey

    KARACHI: Consumer confidence in Pakistan dropped by three points in the third quarter, according to a survey conducted by a global performance management company, with job security being the biggest or second-biggest concern for a third of respondents...

    Pakistan’s confidence, which had been on the rise since 2008 and reached its highest level in the first two quarters of this year, dropped to 101 in July-September from 104 in the...

  • Consumer confidence at an all-time high in Pakistan

    KARACHI: Consumer confidence reached an all-time high increasing by nine points in July-September 2017, according to the Nielsen Global Survey of Consumer Confidence and Spending Intentions...

    “The nine-point upsurge in Pakistan’s consumer confidence score depicts an improving outlook for the country,” noted Quratulain Ibrahim, managing director, Nielsen Pakistan...

  • Smaller parties banking on people’s hope for change

    Historically, it is their role as a pressure group where they have been most effective, but these parties can help shape legislation, and hence, impact government policy...

    “We were only asking for an extension for the COAS since he had started Operation Zarb-i-Azb and we wanted him to see it through to the end,” insists Muhammad Kamran, a Faisalabad-based businessman, who heads the Move on Pakistan party behind the movement...

  • Banks focus on consumer finance

    CONSUMER financing has seen a surge in the last two fiscal years primarily due to a big jump in auto loans and to some extent in mortgage finance...

    Banks had made net consumer financing of Rs31...

  • Dynamics of middle class consumer market

    Pakistan’s middle class consumer market assessed on the basis of reports of market research companies and data from multiple sources is projected at Rs30tr ($290bn)...

    It poses both an opportunity and a challenge to existing companies and interested global players — inspired by the stellar performance of multinational fast moving consumer goods companies (FMCGs), and electronics, food, clothing, cosmetics, drug and auto industry firms...

  • SBP revises regulations for consumer financing

    KARACHI: The State Bank of Pakistan (SBP) has revised the prudential regulations to promote consumer financing in sustainable and fair manner while ensuring financial stability of the banks/DFIs...

    The development of common nomenclature of important terms will not only complement the disclosure requirements of terms and conditions but will also facilitate the general public to better understand the terms of the loans and perform a...

  • ‘Consumer confidence index at 8-year high’

    KARACHI: Pakistan’s consumer confidence index remained unchanged at an eight-year high of 104 in the second quarter, according to a survey conducted by a global performance management company...

    “The index has been rising since 2008, and had reached its highest level during the first quarter of 2016,” according to the Nielsen Global Survey of Consumer Confidence and Spending Intentions released on Thursday...

  • Consumer confidence at eight-year high: report

    The Nielsen Global Survey of Consumer Confidence and Spending Intentions, established in 2005, measures consumer confidence, major concerns and spending intentions of more than 30,000 respondents with internet access in 63 countries...

    Consumer confidence levels above and below a baseline of 100 indicate degrees of optimism and pessimism...

  • Consumer confidence falters

    KARACHI: Pakistani consumer confidence decreased one index point in the third quarter to a score of 101, according to the Nielsen Global Survey of Consumer Confidence and Spending Intentions...

    A press release issued on Tuesday said that the Nielsen Consumer Confidence Index measures perceptions of local job prospects, personal finances and immediate spending intentions among more than 30,000 respondents with Internet access in 61...

  • Top consumer brands pledge to halve food waste

    The Paris-based Consumer Goods Forum (CGF), a network of some 400 retailers, manufacturers and other players from 70 countries with combined sales of 2...

    “It is a tragedy that up to 2 billion tonnes of food produced around the world is lost or wasted never making it on to a plate,” said Paul Polman, chief executive of Unilever, whose products range from Magnum ice creams to Dove cosmetics...

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