KARACHI: 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 percent 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.
The Bank is investing in its digital capabilities and infrastructure to enhance our clients’ banking experience. We have made steady progress in further strengthening our control and compliance environment by focusing on our people, culture and systems. We are fully committed to sustained growth by consistently focusing on our clients and product suite along with a prudent approach to building the balance sheet while bringing the best-in-class services to our customers. The Bank is well placed to cater for the needs of its clients and will continue its strategy to build a profitable, efficient and sustainable portfolio.
With a healthy Return on Equity (RE) of 27.1% for the period and a Capital Adequacy Ratio (CAR) of 19.75%, the Bank remains well positioned for future growth.
Commenting on the results, Rehan Shaikh, CEO & Head of Coverage, Standard Chartered Bank (Pakistan) Limited said that Bank’s Q3 2025 results underscore the strength of our business fundamentals, showcasing a robust balance sheet, a diversified portfolio, and deep enduring client relationships. We remain steadfast in our commitment to supporting both our clients and employees, ensuring their needs are met with excellence and dedication. I would like to extend my heartfelt gratitude to our shareholders, clients, and business partners for their unwavering trust and confidence in our capabilities.”
Copyright Business Recorder, 2025
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