Pakistan's Listed Banks Report Rs. 137 Billion Profit

Pakistan’s Listed Banks Report Rs. 137 Billion Profit in 2Q-2024

Pakistan’s listed banks reported a cumulative profit of Rs. 137 billion in the second quarter of 2024, reflecting a 4% year-on-year (YoY) growth, according to a report by Topline Securities. Excluding the National Bank of Pakistan (NBP), profitability surged by 26% YoY, primarily fueled by an increase in Net Interest Income (NII) and Non-Interest Income. […]