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HBL: 4QCY20 Earnings Call Key Takeaways

§  Karachi, February 22, 2021: The Bank’s management is embarking on a profit retention/capital conservation strategy, in order to finance several growth projects, which are expected to contribute to profitability over the next 3-5 years. Hence, we believe current level dividend payout is likely to remain unchanged despite earnings growth. §  The Bank is also slightly capital…

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