It’s very interesting to hear that only 56 percent are able to use bank services but it’s true. According to governor state bank Yaseen Anwar statement, only 56 percent of adult Pakistanis are using proper Bank features while 32% use informal banking system.
Governor State Bank of Pakistan stated that nine Micro Finance Banks are operating in Pakistan. The given percentage shows the banking sector growth in Pakistan. Although economics claim that Pakistani Banking sector is growing, there is no doubt only public is suffering while Banks are looting people.
Mostly people suffer after making credit cards and they pay double amount as compare to real. We know that interest is Haram in Islam but our banking sector is relying on interest and it will definitely collapse if simply interest would be eliminated.