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Pakistan Banks' profits increased by 203 percent in the second quarter of 2023, Reports

Banks' profits increased by 203 percent in the second quarter of 2023, reports

Banks' profits increased by 203 percent in the second quarter of 2023, Reports

Yearly Bank Profit Report 2023

Islamabad (August 31, 2023) In the second quarter of the calendar year 2023, an increase of 203% was recorded in the profits of the banks. According to the financial data submitted by the banks to the Pakistan Stock Exchange, in the period from March to June, the listed banks had a profit of Rs. 131,298 million. Profit after tax is 203% higher than the same period of 2022.

Banks and Profit Detail Below :

  • 9552 million to Allied Bank in the second quarter of the year
  • 4134 million rupees to Askari Bank
  • 7583 million to Bank Al Habib
  • 7855 million rupees to Bank Al Falah
  • 3308 million to Bank Islami
  • 750 million rupees to Bank of Khyber
  • 2273 million to Bank of Punjab
  • 4353 million to Faisal Bank
  • 13083 million to Habib Bank
  • 6285 million to Habib Metropolitan Bank
  • 708 million to JS Bank
  • 14695 million to MCB Bank
  • 17161 million to Meezan Bank
  • 15847 million to National Bank
  • 426 million rupees to Samba Bank
  • 1088 million to Golden Bank
  • Standars Chartered Bank Rs.9594 million
  • Summit Bank had a loss of Rs 799 million 
  • United Bank had a profit after tax of Rs 13,051 million

Meezan Bank, National Bank, MCB, Habib Bank and United Bank have been the top banks in terms of profit, while on the other hand, Summit Bank suffered a loss of Rs 799 million.


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