In Pakistan, while the overall assets of the financial sector have increased from Rs. 5.202 trillion in 2005 to Rs. 11.107 trillion in 2011, the share of the financial sector in terms of GDP is very low at 57.4 percent.
In 2011, Banks held 74 percent of the financial assets while the share of NBFIs was only 4.7 percent of the total financial sector assets which was around 7.6 percent in 2005. The low financial sector to GDP ratio and NBFIs  1  Shadow Banking: Scoping the Issues: A Background Note of the Financial Stability Board, 2011.