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:
Habib Metropolitan Bank Limited
sales of 45.85 billion Pakistan Rupees [US$437.86 million]
Standard Chartered Bank (Pakistan) Limited
(40.94 billion Pakistan Rupees [US$390.97 million]
of which 58%
was Corporate and institutional clients), and
Bank Of Punjab
(38.90 billion Pakistan Rupees [US$371.48 million]
Askari Bank Limited reported sales of 42.83 billion Pakistan Rupees (US$408.99 million)
December of 2015.
increase of 8.9%
versus 2014, when the company's sales were 39.32 billion Pakistan Rupees.
Sales of Trading and Sales saw an increase
that was more than double the company's growth rate: sales were up
6,576.3% in 2015, from
352.88 million Pakistan Rupees to 23.56 billion Pakistan Rupees.
Askari Bank Limited also saw significant increases in sales in
Corporate Finance (up 13.5% to 201.50 million Pakistan Rupees)
Retail Brokerage (up 43.0% to 59.86 million Pakistan Rupees)
Agency Services (up 32.4% to 27.49 million Pakistan Rupees)
Not all segments of Askari Bank Limited experienced an increase in sales in 2015:
sales of Asset Management fell 82.6% to 32.44 million Pakistan Rupees.
(However, this segment's sales were only a very small portion of the company's overall sales).
Askari Bank Limited also experienced decreases in sales in
Commercial Banking (down 51.8% to 18.34 billion Pakistan Rupees)
Retail Banking (down 16.8% to 1.11 billion Pakistan Rupees)
Payment and Settlement (down 6.6% to 48.10 million Pakistan Rupees)