Dwelling on these lessons, I propose to further outline the significant impact and benefits of banking sector reforms of Pakistan on its population and economy. While a lot has been done and achieved, sustainability of banking system requires the banking industry to position itself to address the emerging challenges and complications, commonly observed in the post-banking liberalization era.
Commercial banks would therefore need to enhance their capital base, to remain compliant with the regulatory requirements. On the other hand, external lenders are likely to be more concerned about the credit, liquidity and political risks that these projects would carry, given their size and long duration.