Karachi, March 3, 2025 – The banking sector in Pakistan has reported a notable increase in after-tax earnings, reaching Rs 597 billion for the year ending December 31, 2024. This marks a 5% year-on-year (YoY) growth compared to Rs 567 billion recorded in the previous year, demonstrating the resilience of banks amid evolving economic conditions.
(more…)Money and banking drive economic activity by facilitating transactions, savings, and investments. Banks manage financial resources, offer credit, and regulate money supply, ensuring stability and growth in Pakistan’s financial sector.
