One of the hallmarks of the banking industry, and indeed many sectors of the overall stock market, is seasonality. Some businesses simply tend to perform better during different times of the year due to both consumer trends and macroeconomic factors. These types of stocks are known as cyclicals, and banks are among the most prominent.
LAHORE: A banking customer has secured his right of declaration, rendition of accounts, recovery, damages and injunction against an auto-finance facility from banking court, which had refused to take his case on the plea that it lacks jurisdiction on matters related to tort. According to details, the customer had filed a suit stating that an
EDITORIAL: Moody’s, one of three major international rating agencies, whose ratings determine the rate at which foreign capital can be accessed, noted on 12 March 2025 that “we have changed our outlook on Pakistan’s banking system to positive from stable to reflect the banks resilient financial performance as well as improving macroeconomic conditions from very