ISLAMABAD: Pakistani banks witnessed remarkable growth in 2023 with listed banks’ profits increasing by 86% to reach Rs572bn.
Meezan Bank (MEBL) stood out with highest profits and an impressive ROAE of 56%, maintaining its position as the top performer, according to market reports.
Additionally, MCB emerged as a leading bank present among the Top 5 banks across key profitability metrics.
Standard Chartered Bank (SCBPL) claimed the title of the largest bank by ROAA and secured the second position in ROAE.
However, Habib Bank (HBL), United Bank (UBL), and National Bank (NBP) also performed well, ranking among the top five banks in profitability, albeit without securing top 5 positions in ROAE and ROAA.
