ADR Archives | The Biz Update

SBP Poised to Re-Evaluate Auto-Financing Cap Amidst Recovery in Auto Financing Market

The Biz Update1 week ago1 week ago05 mins

KARACHI, December 09 2024: The State Bank of Pakistan (SBP) is considering a re-evaluation of the Rs3 million cap on auto financing, following recent positive trends in the auto financing sector. After a prolonged period of decline over 26 consecutive months, auto financing numbers have shown month-on-month (MoM) growth for the past two months. This…

Prime Minister Forms Committee to Address Advance to Deposit Ratio (ADR)

The Biz Update1 week ago1 week ago04 mins

KARACHI, December 09 2024: In response to ongoing concerns within the banking sector, the Prime Minister has established a committee tasked with resolving issues related to the Advance to Deposit Ratio (ADR). The committee’s goal is to ensure the effective management of ADR through a review of fiscal and regulatory measures, which will help stabilize…