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Tag: Allied Bank Limited

Allied Bank

Allied Bank’s annual profit declines to Rs17.50 billion

February 17, 2022February 17, 2022Faisal Shahnawaz

KARACHI: Allied Bank of Pakistan (ABL) on Thursday announced a 4.75 per cent decline in annual profit to Rs17.50 billion for the year 2021 as compared with Rs18.37 billion in the preceding year. According to financial results received by the Pakistan Stock Exchange (PSX), the earnings per share of the bank also fell to Rs15.29 […]

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Allied Bank declares 28pc growth in annual profit

February 17, 2021February 17, 2021Mrs. Anjum Shahnawaz

KARACHI: Allied Bank Limited on Wednesday announced 28 percent growth in net profit for the year ended December 31, 2020. The bank recorded after tax profit of Rs18.03 billion for the year 2020 as compared with Rs14.11 billion in the preceding year. The healthy annual profit can be attributed to gain on securities of Rs3.42 […]

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Allied Bank

Allied Bank declares 10% growth in annual net profit

February 7, 2020February 17, 2022Faisal Shahnawaz

KARACHI: Allied Bank Limited has declared 10 percent growth in annual profit for calendar year 2019 owing to significant increase in net mark-up income. According to financial results for calendar year 2019 released on Friday, the bank declared Rs14.11 billion after tax profit as compared with Rs12.88 billion profit in the preceding year. The bank […]

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Allied Bank

Allied Bank expects interest rate increase by 2% in CY19

February 15, 2019December 15, 2023Faisal Shahnawaz

KARACHI – Allied Bank Limited (ABL) is gearing up for a potential 2% increase in interest rates during the calendar year 2019, according to insights gleaned from a recent conference call.

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Allied Bank

Allied Bank declares Rs12.88 billion PAT for year 2018

February 13, 2019December 13, 2023Hamza Shahnawaz

Karachi – Allied Bank Limited, one of Pakistan’s leading financial institutions, announced a profit after tax of Rs12.88 billion for the year 2018, reflecting a commendable 1.15 percent increase compared to the preceding year’s profit of Rs12.733 billion.

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