Is the Leasing Sector Doomed?
Pakistan & Gulf Economist 2011, Jan 30, 30, 4
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Publisher Description
Byline: SHAMSUL GHANI While illegitimate and high profits kept the banks afloat during the global financial crisis of 2007-08, the leasing companies in Pakistan succumbed to the onslaught; the reason being the uneven playing field and sharp reversal of SBP benchmark rate that choked the flow of business funds to the leasing companies.