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Standard Chartered Bank posts Rs37.1bn profit before tax
KARACHI: Standard Chartered Bank (Pakistan) Limited delivered a resilient financial performance for the nine-month period ended 30 September 2026 with a profit before tax of PKR 37.1 billion compared to PKR 46.1billion last period. The bank posted revenue of PKR 53.6bn, down 15 percent year-on-year, primarily due to reduction in interest rates. Total expenses declined by 1 percent from comparative period, reflecting strong cost discipline despite investment in our people and infrastructure. The bank continues to maintain an efficient cost-to-income ratio of 33 percent, one of the lowest in the...
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