At this session of UK’s Pakistan Banking Association I propose to share with you few key elements of this success story. I would however be amiss if I did not share with you the profitability and gains in banking industry and its role in promoting economic growth. 2. The banking industry in Pakistan will continue to enjoy these trends and has promising prospects.
I must confess that sometimes when I am involved in a complicated supervision issue, I am tempted to feel that someone else should do it. But in my saner and more reflective moments, I remain convinced that removing the Fed from bank supervision and regulation would be a serious mistake. Let me try to explain why.