AKBL   Askari Bank Limited

In FY 2021 'Investments' of Askari Bank increased over 36% over last year while 'Advances increased just by 20%. Consequently there was 2% decrease in 'Interest Earned' (Revenue). 'Interest Income' however increased by 5.8% due to lower 'Interest Expenses'.

'Provisions and Write offs' increased substantially over last year i.e. 24% of 'Profit before provisions' this year compared to less than 10% last year. Profit before Taxation declined by 11.9%.

Download Annual Report FY21