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Askari Bank Limited's Q1 2024 financial report reveals a 20.49% YoY decrease in profit, yet a noteworthy increase in net interest and non-markup income. The bank's securities trading also saw a significant turnaround, painting a positive outlook on its performance. - Q12024 Profit: Rs3.74 billion (20.49% YoY decrease) - Net Interest Income: Rs12.92 billion (8.22% YoY increase) - Total Non-Markup Income: Rs3.85 billion (22.57% YoY increase) - Securities Trading Profit: Rs273.55 million (a notable improvement) Engage with us and share your insights on the banking sector! #askari #profit #bank #billion 💼📈

Level up in all the prospects of your living! 😀 Invest in New City Paradise and avail an international standard lifestyle without breaking your bank. 😁😎 Contact us now at 03368414843 for further details. #mighty5 #islamabad #newcityparadise #pakistan #bestlocation #realestateinvestment #reliableinvestments #realestateguidance #investmentpartners #expertadvisory #trustedpartnership #investwithconfidence #wealthbuildingexperts #secureinvestments #investmentjourney

#BodhDiwas and #NirvanaDiwas What did the bank chairman say about the arrangement of Satlok Ashram and the purpose of #SantRampalJiMaharaj .?

Interest rates in Pakistan are now down 4% (400 basis points) Benchmark lending rate (6m kibor) down from a peak of near 25% in Sep 2023 to less than 21% today Kibor came below 21% today, almost at one year low, after Tbill yields fall to near 20.6% amid hope of start of rate cut by SBP

In new Business Magazine No 380 you can read interview with CEO of ZiraatBank BH Mr Bülent Suer # ZiraatBank BH For present & future times💫

Alhamdulillah my newest paper has finally published. This paper entitled "The Impact of Covid-19 on Sharia Bank Profits: A Case Study at Bank Muamalat". In this paper me and my co-author are try to highlight what are the impacts of Covid-19 to Sharia Bank's Profit, in this paper we choose to use Bank Muamalat as our case. I hope that this paper will helps to show to people what are the impact from Covid-19 do to Bank's Profit. Also i attach the full paper for everyone to read. #islamicbanking #bankmuamalat #covid-19

Here are a few reasons why you need to start saving with Kumawuman Rural Bank Ltd. #kumawumanruralbank #yourlisteningbank #midweek #kumawuman #associationofruralbanksghana #lexbertmultimedia #microwatchm

📈 KIBOR Rate Defined: KIBOR (Karachi Interbank Offered Rate) is the average interest rate at which banks in Pakistan lend funds to each other in the interbank market. It serves as a benchmark for determining borrowing costs in various financial transactions. 🏠 Impact on Real Estate: When KIBOR drops, borrowing becomes more affordable. This often leads to increased investment in real estate as people seek profitable opportunities in property markets. ✨ Why Lower KIBOR Matters: Lower KIBOR rates mean lower mortgage rates, making homeownership more accessible. It also stimulates investment in property development and boosts economic activity. 🔍 From Ibbro Real Estate: At Ibbro Real Estate, we understand the significance of market trends like KIBOR rate drops. It's a prime opportunity for investors to explore the lucrative world of real estate! #KIBORRate #RealEstateInvesting #PropertyMarket #AffordableHousing #IbbroRealEstate #InvestmentOpportunity #PakistanRealEstate #EconomicTrends

Kibor is on the rise, signaling apprehension following the State Bank of Pakistan's decision to maintain its policy rate at an unprecedented 22%. Market sources report a 24 basis points increase in the six-month tenor within the week, reaching 21.06% on Feb 1. Analysts attribute this surge to growing worries about the elevated interest rate and inflation, and the negative real interest rates prevailing in the market. Despite expectations of a rate cut, the stagnant interest rate has compelled an upward trajectory in Kibor. Observers await the next T-bills auction for insights into potential yield adjustments. Banks, grappling with negative real interest rates, are still striving to offer attractive returns to depositors, emphasizing the challenges posed by the current 22% policy rate. #Kibor #interestrates #SBP #monetarypolicy #financialmarkets #economicindicators