CPEC and Capacity of Banking Sector

Authors

  • Madiha Kamal
  • Hina Shafiq
  • Dr.Muhammad Asif Shamim
  • Dr. Sanam Wagma Khattak
  • Naila Mushtaq
  • Khalid Khan
  • Kumail Asghar

Keywords:

CPEC, China-Pakistan relations, Banking sector, Capacity of Banks, Investment in CPEC projects

Abstract

China-Pakistan economic corridor is the potential project that enhances local connectivity, industrialization, financial cooperation, trade and commerce, infrastructure, tourism, the solidity of the region and so on and so forth. It is beneficial for not only Pakistan and China but will have the constructive impact on Afghanistan, Iran, India and the linked region. On one hand CPEC is opening great opportunities for Pakistan to flourish their business, industries, and trade, but on the other hand, it is also a challenge for Pakistan in many aspects of law and order situation, regional conflicts, local financing and capacity of the banking sector. In this report, the capacity of the banking sector of Pakistan is deeply analyzed with the stances of different banks on CPEC and what role State Bank is playing in this venture. Further, this report critically analyzes the problems banking sector is currently facing and what measure they can take to overcome issues and invest in CPEC projects actively.

References

Afreen, S. N. (2016). An Overview of Banking Sector and impact of CPEC. Journal of Management Accountant, 25(2), 28-31.

Ashraf, B. N. (2016, March-April). CPEC and Capacity of Pakistani Banking Sector. Official Journal of Institute of Cost and Managemenet Accountants of Pakistan, 25(2), 22-25. Aurora. (2016, September-October). In M. A. Baig (Ed.), Pakistan Banking Awards. 19. The

Dawn Media Group.

Explore Balochistan. (n.d.). Retrieved from Balochistan.gov.pk: http://www.balochistan.gov.pk/index.php?option=com_content&view=article&id=37 &Itemid=783

Finance, M. o. (2014). Pakistan Econmic Survey 2013-2014. Retrieved from y of Finance.

Pakistan Economic Survey 2013-2014.

Hassan, J. (2016). Impacts of CPEC on Banking Sector. (A. Munawwar, & M. Iqbal, Interviewers)

Kamran, R. (2017). You Can Now Open an Account in 3 Minutes With Bank Alfalah's Self Service Kiosks. Retrieved August 2017, from ProPakistani: https://propakistani.pk/2017/05/31/can-open-account-3-minutes-bank-alfalahs-self- service-kiosks/

Karim, Z. (2017, June 15). Education in Balochistan. Retrieved from China Pakistan Economic Corridor: http://www.cpecinfo.com/cpec-news-detail?id=MzI1NQ==

Khan, A. (2012). Role of State Bank in Economic Development. Retrieved from Economics and Education: http://ahsankhaneco.blogspot.com/2012/04/role-of-state-bank-in- economic.html

Lawai, H. (2016, March-April). China Pakistan Economic Corridor. (ICMAP, Interviewer) McBride, J. (2015, May 22). Building the New Silk Road. Retrieved from Council on Foreign

Relations: https://www.cfr.org/backgrounder/building-new-silk-road

Recorder, B. (2016). Money for CPEC projects: Chinese, Pakistani banks to collaborate.

Business Recorder. Retrieved from http://www.brecorder.com/money-a- banking/198/28757/

Rehman, D. (2016, September 5). NBP installs World's Highest ATM in Pakistan. Retrieved August 2017, from Daily Pakistan Global: https://en.dailypakistan.com.pk/pakistan/nbp-installs-worlds-highest-atm-in-pakistan/

Seth, T. (n.d.). Essay on the Role of Banks in Economic Development. Economics Discussion. Retrieved from http://www.economicsdiscussion.net/essays/essay-on-the- role-of-banks-in-economic-development/1875

Shadman, A. (2017). PSO to Start Offering Brancless Banking services. Retrieved August 2017, from ProPakistani: https://propakistani.pk/2017/05/17/pso-offer-branchless- banking-services/

Sial, s. (n.d.). The China-Pakistan Economic Corridor: an assessment of potential threats and constraints.

Siddiqui, I. (2016, March-April). China Pakistan Economic Corridor. (ICMAP, Interviewer) Statistics, P. B. (2014-2015). Pakistan Social and Living Standards Measurement. Pakistan

Bureau of Statistics. Retrieved from http://www.pbs.gov.pk/sites/default/files//pslm/publications/PSLM_2014- 15_National-Provincial-District_report.pdf

Tribune, T. E. (2016, March). Pakistani banks insufficiently capitalised for CPEC projects.

Retrieved from The Express Tribune: http://tribune.com.pk/story/1067788/in- adequate-pakistani-banks-insufficiently-capitalised-for-cpec-projects/

Downloads

Published

2021-10-30

How to Cite

Kamal, M. ., Shafiq, H. ., Shamim, D. A. ., Khattak, D. S. W. ., Mushtaq, N. ., Khan, K. ., & Asghar, K. . (2021). CPEC and Capacity of Banking Sector. The Journal of Contemporary Issues in Business and Government, 27(5), 601–618. Retrieved from https://cibgp.com/au/index.php/1323-6903/article/view/2009

Issue

Vol. 27 No. 5 (2021): The journal of contemporary issues in business and government

Section

Articles

License

You are free to:

  1. Share — copy and redistribute the material in any medium or format for any purpose, even commercially.
  2. Adapt — remix, transform, and build upon the material for any purpose, even commercially.
  3. The licensor cannot revoke these freedoms as long as you follow the license terms.

Under the following terms:

  1. Attribution — You must give appropriate credit , provide a link to the license, and indicate if changes were made . You may do so in any reasonable manner, but not in any way that suggests the licensor endorses you or your use.
  2. No additional restrictions — You may not apply legal terms or technological measures that legally restrict others from doing anything the license permits.

Notices:

You do not have to comply with the license for elements of the material in the public domain or where your use is permitted by an applicable exception or limitation .

No warranties are given. The license may not give you all of the permissions necessary for your intended use. For example, other rights such as publicity, privacy, or moral rights may limit how you use the material.

Most read articles by the same author(s)