External broker reports(aggregated public sources), Topline Securities

Topline Securities

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External broker reports(aggregated public sources)

Equity Bottom-Up

<ul><li>Bank Alfalah (BAFL) conducted its 1Q2024 Corporate Briefing Session today where management discussed financial performance and future outlook.</li><li>BAFL deposits grew by 31% YoY to Rs2.04trn in 1Q2024. Management aims for a deposit growth rate of 15-20% in 2024 and to further increase its market share.</li><li>On the lending side, management will maintain a cautious approach and aims to target a growth of 10-15% in 2024.</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

Bank Alfalah (BAFL) conducted its 1Q2024 Corporate Briefing Session today where management discussed financial performance and future outlook.BAFL deposits grew by 31% YoY to Rs2.04trn in 1Q2024. Management aims for a deposit growth rate of 15-20% in 2024 and to further increase its market share.On the lending side, management will maintain a cautious approach and aims to target a growth of 10-15% in 2024.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Bank Alfalah (BAFL) - 1Q2024 Corporate Briefing Key Takeaways