Pakistan Banks: Government efforts to collect more tax from banks on income from Govt. Securities
In a recent development, Prime Minister Shahbaz Sharif constituted a committee to resolve the issue of the Advances to Deposit Ratio. The...
486 Views
Pakistan Banks: Listed Banks Profitability up 16% QoQ and Down 1% YoY in 3Q2024
Pakistan's listed banks profitability clocked in at Rs158bn, down by 1% YoY while up 16% QoQ in 3Q2024. Despite the decline in interest rates,...
526 Views
Pakistan Banks: Earnings to increase 10% QoQ and 9% YoY in 3Q2024; Market Weight Stance Maintained
Topline Banking Universe is likely to post an earnings growth of 9% YoY in 3Q2024, driven by higher Net Interest Income (NII) and Non...
457 Views
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,...
594 Views
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...
290 Views