Amateurs Afzaal Ahmad, Parvez Ahmed, and Arbaaz Ahmad shine with an Impressive 89-point performance at the Emirates Golf Club
“Pakistan’s banking system has been able to cope well with challenges emanated from economic slowdown, both at home and abroad, due to effective regulatory and supervisory regime. However, going forward, the impending economic slowdown may dampen the growth rate of the banking system in coming quarters”, claimed the report.
It highlighted the present tough economic environment that will also heighten the credit risk and affect the earnings due to increased loan loss charges and constrained incomes. “Though concerns about the solvency of major banks of the world are weighing on the investor confidence across the globe, the banks in Pakistan have been able to maintain their resilience”, the report said.
The report said the credit risk remained high during the quarter. Non-performing Loans increased to Rs313 billion (Rs278 billion in September-2008) giving infection ratio of 9.1 per cent and net infection ratio of 2.5 per cent.
Amateurs Afzaal Ahmad, Parvez Ahmed, and Arbaaz Ahmad shine with an Impressive 89-point performance at the Emirates Golf Club
The Meteorological Organisation that it is closely monitoring what is being circulated on social media
There have been a series of school fires in the country in recent years, many of them which have turned out to be arson
Salama Alfalacy is into realistic art featuring landscapes and wildlife, while Meera Jamal Al Midfa is setting new grounds in performance art and filmmaking
Dubai Police have asked drivers to be extra cautious
The storm had already claimed the lives of at least two people in China's Hainan and 16 people in the Philippines
Dubai Police have asked drivers to be extra cautious
The former all-rounder has returned to cricket during the past year after a horrific car crash at the end of 2022