Substantial revenue growth across both funded and fee based segments.

The Bank earned net markup income of Rs. 103.2 billion in 2022, with a strong build up in the revenue base which is up 44% year on year. With consistent build up in the balance sheet during the year, markup earning assets averaged Rs. 2.2 trillion in 2022, growing by 13%. A timely repositioning within the asset book strengthened interest earnings driven by a well-diversified portfolio of fixed and floating rate investments. This resulted in a sharp increase in net interest margins (NIMs) from 3.8% in 2021 to 4.9% in 2022.

Non-Fund Income (NFI) recorded significant growth of 47% over last year, reported at Rs. 34.4 billion, and contributed 25% of the overall gross revenues of the Bank. The year witnessed an increase in Fee and Commission Income by 21%. Customer fees from branch banking operations stood at Rs. 2.3 billion, with an increase of 33%, driven mainly...