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What is Askari Bank Financial Highlights 2020 about?

1) Askari Bank Limited is a Pakistani bank established in 1992 with over 7,900 employees and 537 branches across Pakistan. 2) For the year ended December 2020, the bank saw profits increase 54% to Rs. 10.8 billion with earnings per share of Rs. 8.57, as deposits grew 16% to Rs. 791.2 billion while advances increased 6% to Rs. 395.4 billion. 3) Key metrics show improving performance with the cost to income ratio dropping to 50.6% and return on equity rising to 25.5%, while non-performing loans declined t

Author

Muhammad Nadeem

Language

EN