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.