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Banking sector

Raast initiative

RAAST INITIATIVE BY PM TO MOVE TO CASHLESS ECONOMY

The country took another step towards the digital world with the launching of Raast initiative. It is Pakistan’s first instant payment system. Thus, it  enables end-to-end digital payments among individuals, businesses and government entities within seconds. Prime Minister Imran Khan launched the Raast at a ceremony. The initiative is part of the prime minister’s “Digital Pakistan Vision”....

Housing finance

LIST OF BANKS PROVIDING HOME LOAN IN PAKISTAN

INTRODUCTION Although, banking sector being quite dynamic in Pakistan. Moreover, consumers are making extensive use of different types of loans for various purposes, making use of mortgages or home loan service is still not as prevalent as other types of finances. People in Pakistan spend their lives in saving the money, in order to be able to buy their own house. Still, very few can manage to actually...

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