Pakistan Banks: Aggressive lending at lower rate to avoid tax; Bank-wise Sensitivity and its Impact
Many banks in Pakistan are now racing to meet the Gross Advances to Deposit Ratio (ADR) of 50% by Dec-2024 to avoid additional tax. To recall,...
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Bank Alfalah (BAFL); 2Q2024 EPS at Rs7.6, up 53% YoY (Earnings higher than industry expectations)
Bank Alfalah (BAFL) announced its 2Q2024 result today, where the bank recorded consolidated earnings of Rs11.97bn (EPS of Rs7.59), up 53%...
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Pakistan Banks: Earnings to Fall 6% QoQ and up 22% YoY in 2Q2024
Topline Banking Universe is likely to post an earnings growth of 22% YoY in 2Q2024, driven by higher Net Interest Income (NII) and Non...
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Pakistan Banks - Few banks at deep discount despite rally
Pakistan banking sector has witnessed run up of 23% in last 3 months and 115% in last 12 months as market participants are reverting back to...
207 Views
Bank Alfalah (BAFL) - 1Q2024 Corporate Briefing Key Takeaways
Bank Alfalah (BAFL) conducted its 1Q2024 Corporate Briefing Session today where management discussed financial performance and future...
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