Re: Foreign banks eye big slice of Pakistan market.
Pak has 2 things going for it economically, which politics cannot strangle.
Big population, by 2050 it'll be 300 million odd people, so even a proper consumer class of 10% makes a large market of some 30 million folk.
Growing middle class, SPB estimates that 30m people are "middle class" by internal stanards of consumption (about 1/5 of pop) and abt "7-8m" by global standards (that doesnt just mean 1st world), with incomes of $6000 annum or more. I will find the report for you guys.
Politics wont stop population growth and thus the growth of the middle class. It is a similar effect to PRC/India, but on a smaller scale.
Good points.