HBL’s earnings likely at 3-year CAGR of 9.5%
The Habib Bank Limited (HBL), being the largest in the sector, can be categorised as a proxy for exposure on Pakistan’s economy. An external account crisis such as currency depreciation, rising current account deficit warranted action by the authorities to put brakes on growth and increasing discount rate. Analysts expect the HBL’s stock to perform … Read more