<p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">FABL demonstrated strong growth in its bottom line during
CY22 with earnings of PkR11.23bn (EPS: PkR7.4), which is a 38%YoY increase,
along with an impressive ~95% earnings payout during the period.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">The bank's total revenues increased by 43%YoY, driven by a
55% growth in NII income to PkR40.0bn, primarily due to a robust growth in its
earnings assets (+24% YoY) and an improvement in overall spreads (4.32% vs.
3.27% in CY21).</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Our projected NIMs are expected to be at 6.31%/6.39% for
CY23/24, particularly due to FABL's improving CASA mix during the outgoing y...
