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Moody’s upgrades ratings of five major Pakistani Banks on improved outlook

Moody’s Ratings on Tuesday upgraded the long-term local and foreign-currency deposit ratings of five major Pakistani banks, citing improved operating conditions, stronger government support capacity, and resilient bank performance.

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Allied Bank posts Rs44.4bn profit, up 7.5% in 2024

Allied Bank Limited (ABL) has posted a robust profit after taxation of Rs44.4 billion for the year ended December 31, 2024, reflecting a 7.48% increase...

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President orders Rs24mn financial relief to 31 bank fraud victims

Six banks have been directed to provide financial relief amounting to Rs24.136 million to 31 victims of bank fraud, as ordered by President Asif Ali Zardari....

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ABL declares Rs4 DPS as earnings rise 9% in Q3 CY24

Allied Bank Limited (PSX: ABL) experienced a rise of around 9% in its earnings in Q3 CY24, clocking in its profit after tax at Rs12.42 billion [EPS: Rs10.84]...

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ABL declares Rs4 DPS as earnings rise 25% in Q2 CY24

Allied Bank Limited (PSX: ABL) experienced a rise of over 25% YoY in its profitability in Q2 CY24, clocking in its profit after tax at Rs12.47 billion...

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ABL declares Rs4 DPS as earnings spike to Rs11.61bn in 3QFY24

 Allied Bank Limited (PSX: ABL) experienced a rise of over 51% YoY in its profitability in 3QFY24, clocking in its profit after tax at Rs11.61 billion...

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SBP grants approval to ABL for ABL Currency Exchange

The State Bank of Pakistan (SBP) issued the no-objection certificate to Allied Bank Limited (PSX: ABL) on Friday...

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ABL posts Rs29bn profit in 9MCY23, declares 30% DPS

Allied Bank Limited (PSX: ABL’s) profit for the 9MCY23 saw growth of 41.89% YoY, clocking in its profit..

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ABL to set up an exchange company with Rs1bn paid-up capital

The Board of Directors of Allied Bank Limited (PSX: ABL) has approved the establishment of an Exchange Company...

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ABL profit soars by 2.58x to Rs17.64bn in 1HCY23, announces Rs2.5 DPS

Allied Bank Limited (PSX: ABL) has revealed its financial statement today for the half year ended June 30, 2023, as per which the bank posted a profit worth...

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Latest News
September 15, 2025 at 05:53 PM GMT+05:00

Gold price in Pakistan remain unchanged

September 15, 2025 at 05:47 PM GMT+05:00

PIBTL swings to loss in FY25

September 15, 2025 at 05:30 PM GMT+05:00

KAPCO reports significant profit decline in FY25

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