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Islamic Finance Briefing - Categorized | Banking, Market Moves more

Standard Chartered to expand consumer, Islamic banking in Pakistan

Posted on 13 June 2011

To grow its business in Pakistan, Standard Chartered plans to focus on expanding its consumer banking line as well as its Islamic banking portfolio, according to the bank’s Pakistan head, Mohsin Nathani.

“We have a fairly bullish view to Islamic banking in Pakistan,” said Nathani. Islamic banking is one of the fastest growing sectors within financial services in Pakistan, with growth rates often exceeding those of their conventional competitors by over 15%………………………………………Full Article: Source

 
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