Standard Chartered Bank (Pakistan) Limited (SCBPL): 2QCY25 Corporate Briefing Key Takeaways – By Taurus Research

<ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">SCBPLis operating with 41 branches in Pakistan. It has a market share of: i) 1.7% in advances; ii) 1.9% in deposits; iii) 3.1% in income; and iv) 4.5% in profit, respectively. It has the largest share in MNCs &amp; Corresponding banking. SCBPL is also a leading player in Affluent, Employee Banking and Mortgage space.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">1HCY25 revenue was down 24% due to sharp fall in interest rates. Wherein, NII was down 33%, partially offset by 21% growth in non-markup income. Strong recoveries also resulted in a net reversal of PKR 587Mn. 1HCY25 PBT was PKR 32.9Bn.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">On the balanc...