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 85.13 billion Pakistan Rupees [US$812.13 million]
of which 36%
was Retail & Consumer Banking),
Bank AL Habib Limited
(52.77 billion Pakistan Rupees [US$503.42 million]
of which 89%
was Commercial Banking), and
Bank Alfalah Ltd
(65.49 billion Pakistan Rupees [US$624.74 million]
of which 44%
Allied Bank Ltd reported sales of 76.43 billion Pakistan Rupees (US$729.15 million)
December of 2016.
decrease of 7.2%
versus 2015, when the company's sales were 82.40 billion Pakistan Rupees.
Contributing to the drop in overall sales was the 89.9% decline
in Others, from 1.14 billion Pakistan Rupees to 115.28 million Pakistan Rupees.
There were also decreases in sales in
Trading and Sales (down 6.2% to 44.56 billion Pakistan Rupees)
Corporate Finance (down 7.7% to 25.95 billion Pakistan Rupees)
However, these declines were partially offset by the increase in sales of
Asset Management (up 18.4% to 672.56 million Pakistan Rupees)