ISLAMABAD (APP) - Pakistans banking sector is very sound and has shown its resilience during the global financial crisis. We have well regulated financial system and Dubai debt crisis should have hardly no direct impact on our banking system, renowned economists and Vice Chancellor of Pakistan Institute of Development Economics (PIDE), Dr.Rashid Amjad told APP here on Wednesday. However, he said that the two economies are closely linked through trade and investment but we are hopeful that given improved physical and financial infrastructures Pakistan banking system will be able to weather the current economic downturn. There is no reason for any bad impact of Dubai crash on Pakistani banks, a senior banker also observed. He added that only a few Pakistani banks have little exposure in Dubai. He said that United Bank Limited and Habib Bank Limited have little exposures in Dubai as UBL was involved in doing business there but the bank has already announced that its business would not hurt with this crash. The UBL in a statement has announced that its UAE balance sheet and operations were healthy and robust and were no challenged by the current financial crisis in the Emirates. The Banker further said that the HBL has also exposure in Dubai but is much less than UBL ,which would be ignore if size of the bank is considered.