Effect of global recession on the banking sector of Pakistan and their response to it

Abstract

Our research is exploratory as we will explore that what was the performance of Pakistan’s banking sector in crisis and what were the affects of recession on banking industry and what was their response to it, the research will be based on the 6 banks and it is divided as 2 banks each from commercial, investment and Islamic banking, The reason for taking 5 years of recession started in 2007 approximately and if we analyze the performance before 2007 and after 2007 that will be prominent, so 2 years before recession so as to see whether banks were already low or they suffered after 2007 in particular, the banks that are selected from Commercial banking side are Bank al Falah and HBL, the reason for choosing these two banks as we have selected one bank that is old and one bank that is new, this will help to analyze that are these factors important or not, whether Pakistani market has this tradition or not, from Islamic banking side we chose Meezan bank and Dawood Islamic bank, again Meezan bank is relatively senior bank then Dawood Islamic, it was started in 2007 so both will give a velar picture, from Investment banking side, we chose JS investment bank and NIB, both are