Pak less affected by current global crisis: Governor State Bank

Posted on May 15, 2009

KARACHI: Governor State Bank of Pakistan Syed SalimRaza says Pakistan has been less affected by current global crisis as its banks are well capitalized; their assets and liabilities are squarely domestically based. Addressing MAP Corporate Excellence Awards Ceremony here, he said in comparison with other Asian economies, which heavily rely on exports to developed world, [...]