Standard Chartered Bank (Pakistan) Limited delivered a resilient financial performance with a Profit before tax of PKR 46.1 billion for the nine months period ended 30 September 2025 compared to PKR 75.5 billion in last period.
The Bank posted revenue of PKR 63.3 billion, lower by 30% compared to Q3’24, primarily due to sharp reduction in interest rates. This was partially offset by a decrease in cost of funds. While expenses increased 10% on the back of inflation, investment in infrastructure and people, the Bank continues to maintain an efficient cost to income ratio of 28%. A prudent risk approach and recoveries of bad debts led to a net release of PKR 0.6 billion during the period.
On the liabilities side, the Bank’s total deposits stood at PKR 662 billion; down 21% from the start of the year. This was driven by a deposit optimisation initiative which is reflected in the improved current accounts mix comprising 59% of the deposit book as compared to 48% last year. On the assets side, net advances were higher by PKR 66 billion or 39% since the start of the year, reflecting pick-up in economic momentum.