Allied Bank Ltd operates in the Commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Allied Bank Ltd with three other
companies in this sector in Pakistan:
MCB Bank Limited
sales of 94.32 billion Pakistan Rupees [US$710.22 million]
of which 39%
was Retail & Consumer Banking),
Bank Alfalah Ltd
(66.83 billion Pakistan Rupees [US$503.25 million]
of which 38%
was Treasury), and
Bank AL Habib Limited
(58.46 billion Pakistan Rupees [US$440.23 million]
of which 90%
was Commercial Banking).
Allied Bank Ltd reported sales of 75.09 billion Pakistan Rupees (US$565.40 million)
December of 2017.
decrease of 1.8%
versus 2016, when the company's sales were 76.43 billion Pakistan Rupees.
Contributing to the drop in overall sales was the 7.2% decline
in Trading and Sales, from 44.56 billion Pakistan Rupees to 41.36 billion Pakistan Rupees.
There were also decreases in sales in
Asset Management (down 3.1% to 651.51 million Pakistan Rupees)
However, these declines were partially offset by the increase in sales of
Commercial and Retail Banking (up 24.9% to 50.15 billion Pakistan Rupees)
Corporate Finance (up 6.1% to 27.54 billion Pakistan Rupees)
Others (up 549.4% to 748.61 million Pakistan Rupees)