05-25-2007, 11:46 PM
I don't think there is any lack of competition in banking sector. In fact, now days, it has become a sector with a lot of competition. I can't say anything about lack of governance. Directions from state bank to commercial banks are very commonly seen in newspapers. The recent one is to make the summary of their bank charges, which had been a big concern among consumers. Problems in Pakistan are not as simple as they seem to be