KARACHI: The Standard Chartered Bank Pakistan Limited (SCBPL) has registered a record profit-before-tax of Rs50.1 billion, registering a growth of 102 per cent on a year-on-year basis, a statement said on Friday. The performance of the bank was driven by strong income growth, as well as continued cost and risk discipline. The overall revenue of … Read more
KARACHI: The profit before tax of Standard Chartered Bank Pakistan Limited (SCBPL) recorded a growth of 5 per cent to Rs24.8 billion in 2021, compared with Rs23.6 billion in 2020. Performance was driven by strong balance sheet growth, continued productivity improvements and risk discipline. The bank’s revenue was lower by Rs3.5 billion primarily due to … Read more
KARACHI: The bears continued to rule over the Pakistan equity market witnessing lackluster activity during the trading session on Tuesday. The investors’ confidence in the market was dampened by the renewed concerns over the rising new Covid cases in the country, coupled with the economic uncertainty in the country which kept the investors at bay. … Read more
