KARACHI, October 31 2024: In the third quarter of 2024, Pakistan’s listed banks demonstrated resilience, recording a total profitability of PKR 158 billion. While this figure represents a slight decline of 1% year-on-year, it reflects a robust increase of 16% quarter-on-quarter. Key Highlights: Bank-Specific Performance: Future Outlook: Most banks have maintained their dividend payouts, a…
KARACHI, October 30, 2024: Allied Bank Limited (ABL) has released its financial results for the third quarter of the calendar year 2024, reporting earnings per share (EPS) of PKR 10.84, a 9% increase year-on-year (YoY). While the quarterly earnings remained stable compared to the previous quarter, the bank’s performance for the first nine months of…
Islamabad, December 06, 2023: Policy rankings of five leading commercial banks in Pakistan “Benchmarking the Sustainability Policies of Banks in Pakistan,” show all five banks have low policy commitments on climate change, human rights, gender equality, and labour rights, while none disclose policies on nature and tax when lending money to companies. Speaking at the…