<p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">National Bank of Pakistan (NBP) announced 1QCY25 results today wherein
bank posted an unconsolidated net earnings of Rs21.5bn (EPS Rs10.1) up
2xYoY. The robust growth in earnings was primarily driven by a significant
improvement in net interest income (NII). The bank did not announce any cash
dividend for the period.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Interest earned clocked in at Rs213bn (down 22%YoY), while interest expense
for the period stood at Rs143.5bn (down 42%YoY). Thus, NII surged to
Rs69.6bn, (up 2.4xYoY).</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">We believe that sharp decline in interest expense may be due to the fact t...
