Bank Al Habib Reports Profit Decline, Announces Dividend Amid Growth in Deposits

Karachi: Bank Al Habib Limited (BAHL) announced a decline in profits during its recent analyst briefing, revealing a 23 percent year-on-year decrease in net income for the first nine months of 2025. The bank reported a profit of PKR 25.4 billion, with earnings per share standing at PKR 22.85.

The decrease in profits was attributed to lower net mark-up income coupled with increased operating expenses, according to the details shared in the briefing. Despite the profit decline, the bank’s Board of Directors declared an interim dividend of PKR 3.5 per share, bringing the total payout for the period to PKR 10.5 per share.

In a positive development for BAHL, the bank’s total deposits saw an increase, reaching PKR 2.5 trillion. This marks a 9.6 percent rise compared to figures from December 2024. The growth in deposits was primarily fueled by an uptick in current and savings deposits.

The briefing provided insights into the bank’s current financial landscape and future outlook, indicating areas of both challenge and growth. The bank remains focused on navigating the evolving financial environment while maintaining shareholder returns through strategic dividend announcements.

DPM Reviews Preparations for 2027 SCO Summit in Pakistan

Islamabad:Deputy Prime Minister Ishaq Dar chaired a follow-up meeting to review preparations for the SCO Council of Heads of State Summit, which Pakistan is set to host in 2027.

According to Radio Pakistan, the meeting assessed the progress on arran…