Press Releases - Askari Bank records 87pc increase in profit.

Askari Bank announced post tax profit of Rs.8.21 billion for the nine months ended September 30, 2020, showing a strong growth of 87% over the corresponding period of last year. Earnings per share were reported at Rs. 6.50 compared to Rs. 3.48 for the same period last year. Customer deposits increased by 13% and are reported at Rs. 764 billion. CASA ratio improved from 82% to 86%. The results are remarkable amidst Covid-19 challenges in the economic environment.

Askari Bank has been reporting consistently good results in recent periods. Leveraging its brand strength and technology with focus on key drivers for customer experience, the Bank's...