As Moody's Investors Services puts it, "It is unlikely that these banks will have the financial resources, intellectual capital, skills and large scale commitment that larger competitors have to build sophisticated systems to allocate regulatory capital optimally for both credit and operational risks." Discriminatory against Developing Countries: Developing countries have high concentration of lower rated borrowers.
Our banks have also been venturing into China and some of them have established branches and representative offices in China, such as Habib Bank Limited, National Bank of Pakistan, United Bank limited and Bank Al-Habib. With start of Bank of China operations, ties between Pakistan and China will strengthen further. Bank of China is not an ordinary bank.