A kind of Life
From the Blog odysseuslahoriPeople get the impression I am rich. I am not. I was commissioned in the army (Air Defence, then called Anti Aircraft Artillery) in April 1972. I wasn’t the classic heroic soldier. Being the first ever in the entire family to have joined the profession of arms, I had no idea how it worked. But that’s not the point. The point is that I have been broke all my life. When someone – I don’t now recall where it was, but it must have been in the last week in the military academy – advised us cadets on how much Defence Services Officers Provident (DSOP) fund it would be useful to have deducted every month from our salaries, I was quite averse to the idea. Why save, I argued, when by the time you were ready to use it, it was devalued way below what you were so diligently putting away. pakistanblogs.blogspot.comRead Full Post
Commercial Banking
From the Blog lahoreschoolofeconomics Mr. Adnan Haider, SVP Faysal Funds visited the Lahore School of Economics to deliver a talk on ‘mutual funds and other financial instruments’ to the graduating class of MBA on May 28, 2015. The presentation covered Commercial Banking, retail banking, priority banking and asset management. Mr. Adnan Haider also discussed the issues faced by banks in Pakistan. The major issue was the high default rate which discouraged banks to issue loans. This affected the bank’s main source of income, which is interest revenue. pakistanblogs.blogspot.comRead Full Post
0 comments :
Post a Comment