Pakistan Banking Case Study
Answer: Pakistan banking sector is highly developed and advance. Around 45 large commercial banks with wide network of branches over the nation wide are operating in Pakistan and Only few banks providing services globally. Banks are highly effective in collecting and investing the deposits. Insurance companies are least developed in Pakistan, only few companies providing insurance policy in all categories. They are ineffective in collecting savings but highly effective in investing these savings. Mutual funds are less developed in Pakistan because of the majority of lower class found in country which has variable income sources.
Q#2:
Answer: Yes, financial institutions are managed well but the decision making is not transparent. Noneconomic
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People and organization in Pakistan always prefer investment in stocks. Corporate debt market is also found in Pakistan for the support of debt like Securities & Exchange Commission of Pakistan (SECP) offer Term Finance Certificates (TFC). Corporate Private debt sector financing in Pakistan, similar to rest of the emerging markets, is mainly dominated by banks.
Q#4:
Answer: Yes, venture capital industry exists in Pakistan although yet it is not highly developed. Several different venture capital funds have been built in Pakistan for the past few years in order to offer growth capital to successful and inventive businesses. Pakistan Venture Capital Ltd is one example. It allows individuals with good ideas to raise funds. The newly graduating individuals with modern and updated knowledge of the foreign markets are engage in developing the venture capital industry.
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They cannot take the decision independently because of the influence of the political leaders and other special groups. Much of the companies don’t have independent directors.
Q#9:
Answer: Yes, banking & stock market regulations are most effective in Pakistan. Many stict rules are found for banks which are mainly regulated by Pakistan bankers Association. The bank Offences are punishable under the Foreign Exchange Repatriation Regulation 1972.bounce cheque issuer is punish for the imprisonment of 6 months. Stock market is also regulated through laws. In Pakistan there are three stock exchanges namely Lahore Stock Exchange (LSE) Karachi Stock Exchange (KSE) Islamabad Stock Exchange (ISE). All of these are protected through the laws of security & exchange commission of Pakistan(SECP).
Q#10:
Answer: Section 413(Liability for fraudulent conduct of business)” of Pakistan “Companies Ordinance 1984 is uses for fraud cases. Pakistan Penal code also has strict laws for fraud which may include a fine punishment & imprisonment to the company owner or other employee involve in
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