Askari Bank Limited operates in the Commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Askari Bank Limited with three other
companies in this sector in Pakistan:
Meezan Bank Limited
sales of 37.81 billion Pakistan Rupees [US$341.41 million]
of which 47%
was Trading and Sales),
Standard Chartered Bank (Pakistan) Limited
(35.25 billion Pakistan Rupees [US$318.30 million]
of which 52%
was Central and other items), and
Habib Metropolitan Bank Limited
(41.77 billion Pakistan Rupees [US$377.22 million]
Askari Bank Limited reported sales of 42.18 billion Pakistan Rupees (US$380.88 million)
December of 2016.
decrease of 1.5%
versus 2015, when the company's sales were 42.83 billion Pakistan Rupees.
Contributing to the drop in overall sales was the 27.2% decline
in Retail Banking, from 1.11 billion Pakistan Rupees to 805.76 million Pakistan Rupees.
There were also decreases in sales in
Trading and Sales (down 0.2% to 23.51 billion Pakistan Rupees)
Commercial Banking (down 2.5% to 17.87 billion Pakistan Rupees)
Retail Brokerage (down 5.8% to 56.42 million Pakistan Rupees)
However, these declines were partially offset by the increase in sales of
Corporate Finance (up 29.7% to 261.44 million Pakistan Rupees)
Asset Management (up 409.6% to 165.32 million Pakistan Rupees)
Payment and Settlement (up 170.8% to 130.24 million Pakistan Rupees)
Agency Services (up 44.2% to 39.65 million Pakistan Rupees)