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Tag: profitability

banks

Pakistan Banks Witness Remarkable 95% Profit Growth in Third Quarter of 2023

October 30, 2023October 30, 2023Shahnawaz Akhter

Karachi, October 30, 2023 – Pakistan banks have experienced an astounding 95 percent growth in profit on a year-on-year (YoY) basis during the third quarter of 2023.

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Pakistani Banks Report Remarkable Tripled Profitability in 2Q2023

August 30, 2023August 30, 2023Shahnawaz Akhter

Karachi, August 30, 2023 – Pakistan’s commercial banking sector has achieved an extraordinary three-fold increase in profitability during the second quarter of 2023.

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Pakistan Banks

Banking annual profitability goes up by 15 pc in 2022

March 1, 2023March 1, 2023Faisal Shahnawaz

KARACHI: After tax profitability of banks in Pakistan have increased by 15 per cent Year on Year (YoY) to 307 billion in 2022.

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State Bank of Pakistan

Banking sector profitability grows by 20% in 2019

March 2, 2020April 6, 2021Mrs. Anjum Shahnawaz

KARACHI: Banks have posted 20 percent growth in profitability during 2019 despite economic slowdown, analysts said on Monday. The analysts at Topline Securities said that 2019 has been an exceptional year for the banking sector with profitability increasing by 20 percent or Rs30 billion to reach Rs177 billion, in spite of economic slowdown. The primary […]

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