AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Karachi: HBL announced a record profit before tax of Rs 112.2 billion for the first nine months of 2025, marking a 31% increase from the same period last year. This growth comes despite higher tax rates impacting the banking sector, with profit after tax rising 19% to Rs 51.4 billion.
The bank’s financial performance has been bolstered by a 20% expansion in its balance sheet, now standing at Rs 7.2 trillion. HBL maintains its industry leadership with total deposits of Rs 5.1 trillion, reflecting an 18% increase in domestic deposits to Rs 4.3 trillion. The bank has focused on current account mobilization, achieving a CASA ratio of 87%.
HBL’s net interest income grew by 11% to Rs 207 billion, supported by a favorable current account mix that lowered deposit costs. Non-fund income rose to Rs 68 billion, driven by strong Treasury performance and growth in the domestic fee franchise, contributing to a total revenue increase to Rs 275 billion.
Cost management initiatives have limited expense growth to 8%, reducing the cost/income ratio to 55.5% for the period. Recovery efforts have reduced non-performing loans, lowering the infection ratio to 4.9% by the end of September. HBL’s capital adequacy ratios remain robust, with Tier 1 Capital at 14.39% and Total CAR at 18.32%.
Muhammad Nassir Salim, President and CEO of HBL, attributed the bank’s success to its strategic focus on supporting clients and contributing to economic development. HBL’s initiatives include enhancing capital markets, supporting SMEs, and championing banking in Balochistan.
HBL has partnered with the National Clearing Company of Pakistan Limited to explore opportunities in Margin Trading and Capital Gains Tax services. The bank has also launched Business Debit Cards with Mastercard to empower SMEs and remains the largest issuer of debit cards in Pakistan.
In Balochistan, HBL hosted a regional meeting to address agricultural financing and partnered with local systems to implement digital verification of loans. The bank holds a significant share in agricultural financing in the region.
HBL’s commitment to a Digital Pakistan is reflected in its partnership with P@SHA, enhancing the bank’s impact on the digital economy. The HBL-P@SHA ICT Awards 2025 received a record number of applications, highlighting the bank’s influence in the tech ecosystem.
The HBL Foundation allocated Rs. 138.4 million to healthcare, education, sports, and humanitarian aid, including flood relief efforts. HBL’s leadership and innovation have been recognized with 27 awards during the nine-month period, including ‘Best Bank in Pakistan’ by Euromoney Awards 2025.