Staff Reporter
Karachi
The Board of Directors of Silkbank Limited in their November 28, 2020 meeting declared an Operating Profit of Rs. 3.4 billion for the nine months ended September 30, 2020. The strong performance continues despite the economic slowdown from the shutdown due to Covid 19 and as the bank continues to restructure for profitability, growth and improved controls. The bank declared a pre-tax profit of Rs.601 million for the nine months ended September 30, 2020 which is Rs.4.6 billion better than the corresponding period of the last year.
The Bank Net interest income grew by Rs. 416 million reflecting a growth of 27% over the corresponding period of last year.
