Is banking system at risk?
Published on: Monday 10 April 2023
International markets have been shaken by the recent bank failures in the United States, Switzerland, and Lebanon. The economic situation in Pakistan is also uncertain, which raises concerns about the stability of its banking system.However, the answer to whether we should be worried about our banking system is not a straightforward one - it's both yes and no.To start with, it is important to acknowledge that there are certain structural...