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Over time, the non-banking finance sector (including modarabas) has demonstrated improved performance. In particular, the leasing and investment finance sectors have shown impressive growth. The buoyant capital market provided impetus to the growth and development of mutual funds, which nearly doubled their asset holdings during last year. However, growth in the housing finance sector has remained stagnant. It is also pertinent to note that the development of discount houses and venture capital companies remains at an initial stage. |
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Total Asset Size of Leasing Companies, Modarabas and Investment Banks for the years 2003, 2004 and March 2005 |
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Mutual Funds Sector – Size of Net Assets Vs. KSE – 100 Index |
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