| 04.01.2013 - BankIslami sees 50pct profit jump, to expand network |
| BankIslami will expand its network of outlets to about 200 in as many as 90 locations by the end of 2013, Chief Executive Officer Hasan Aziz Bilgrami said. The lender as of December last year operated 102 branches in 49 cities. Pakistan’s central bank aims to almost double Islamic banking to 15 per cent of the industry’s assets by 2017 after exempting Shariah lenders from paying the minimum rate of return on deposits last month...............................................Full Article: Source |