Shamshad Akhtar: Pakistan – banking sector reforms: performance and challenges Lecture by Dr Shamshad Akhtar, Governor of the State Bank of Pakistan, at the Graduate Institute of International Studies, Geneva, 1 February 2007. * A. *  *  Introduction  In recent years, growth and turnaround in Pakistan’s banking sector has been remarkable and unprecedented.
Credit growth to the household sector As I said to you in July, credit growth continues to be a concern - especially credit for property-related purposes. The continuation of current rates of credit growth to the household sector, well in excess of the corresponding rates in other countries, will inevitably lead to a more highly indebted household sector in this country.