Khushhali Bank and PMN provide the bulk of the services given their edge in starting business early on. But these institutions have only provided lending facilities without adequately tapping the deposit base of their clients. Also, their lending profiles reflect a degree of concentration in select regions and sectors.
One of the major objectives of the SAARCFINANCE Group is to strengthen payment mechanisms to boost intra-regional trade. To achieve this, I feel it is imperative that regulators, especially those from our region, interact and coordinate with each other to address the policy gaps and bottlenecks impeding intra-regional trade, commerce and remittance flows.