Presence of Bank of China in Pakistan is also expected to benefit the banking sector through technology transfers and associated innovation in products and processes, human capital development and improved competition and efficiency in the financial services. Further, increased diversity of foreign banks and access to external financial resources will facilitate in enhancing the resilience of our financial Page 2 of 4  sector.
The financial sector assets in Pakistan as a percentage GDP are still low at 74.3 percent. The presence of world top banks like BoC will facilitate in exploiting this potential through enhancing the size of bank assets and the much needed access to credit. These growing banking relationships between Pakistan and China are critical considering that the trade linkages have increased manifold.