Islamabad:
The loans of the government of the national banks rose to RS35 billion in 2024, which leads to strong profits of RS600 billion for commercial banks, mainly due to the high interest rates, the sources said Wednesday.
Sources from the Ministry of Finance said that commercial banks obtained more than RS600 billion in profits for the first time in 2024 because the moors of the government of private banks at a high interest rate.
They added that the loans of local commercial banks exceeded RS35 billion, compared to RS25.2 billion external debt.
