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HabibMetro Bank posts profit of Rs. 13.8b

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Observer Report

Karachi

HabibMetro Bank posted a profit-before-tax of Rs. 13.8 billion for the nine months ended September 30th, 2020, with a healthy growth of 58.5% year-on-year. In its performance during this period, the Bank’s total assets increased by 9.7% to Rs. 943 billion, and its deposit base increased by 7% to Rs. 654 billion. The Bank registered continued growth in its trade finance business, despite the slowdown in global economy and trade activity.

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