Says it is going to scale up footprint in retail banking in next six months

Pakistani adult must have wealth of between Rs1.5 million and Rs15 million to qualify for middle class

Most of the increase has come on back of money borrowed from international financial institutions

Bank’s unwillingness to come forward reflects poorly on its credibility

Punjab fares better over the same period

Earnings were up 5.6% YoY, absence of functioning BoD reason behind delay

Share in total loans stands at 12.4%; major increase in NPLs came from agriculture

Clocks up at just 2.81%, growth in advances remains slow

Low inflation expected to continue into next year

Brokerage houses had forecast a downward revision of 50 basis points