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...
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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,...
249 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...
62 Views
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...
51 Views
Pakistan Market Outlook | Strategy - Index to Reach 87k by Dec 2024, 106k by Jun 2025
We have revisited our target PE for Dec 2024 after incorporating Pakistan's successful completion of US$3bn stand-by agreement with IMF and...
390 Views