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:
Bank Of Punjab
sales of 39.14 billion Pakistan Rupees [US$327.96 million]
Habib Metropolitan Bank Limited
(39.73 billion Pakistan Rupees [US$332.97 million]
Meezan Bank Limited
(44.66 billion Pakistan Rupees [US$374.28 million]
of which 36%
was Trading and Sales).
Askari Bank Limited reported sales of 42.23 billion Pakistan Rupees (US$353.86 million)
December of 2017.
a very small
increase of 0.1%
versus 2016, when the company's sales were 42.18 billion Pakistan Rupees.
Despite this increase, sales are still
below the level achieved in 2015, when Askari Bank Limited
reported sales of 42.83 billion Pakistan Rupees.
Sales of Retail Banking saw an increase
that was more than double the company's growth rate: sales were up
115.6% in 2017, from
805.76 million Pakistan Rupees to 1.74 billion Pakistan Rupees.
Askari Bank Limited also saw significant increases in sales in
Commercial Banking (up 5.8% to 18.91 billion Pakistan Rupees)
Corporate Finance (up 34.6% to 351.81 million Pakistan Rupees)
Retail Brokerage (up 49.3% to 84.25 million Pakistan Rupees)
Agency Services (up 2.8% to 40.76 million Pakistan Rupees)
Not all segments of Askari Bank Limited experienced an increase in sales in 2017:
sales of Asset Management fell 71.4% to 47.20 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
Trading and Sales (down 9.1% to 21.38 billion Pakistan Rupees)
Payment and Settlement (down 14.3% to 111.67 million Pakistan Rupees)