Askari Bank Limited has reported a robust profit of Rs 18.2 billion for the first nine months of the current financial year, reflecting strong growth in core banking operations and continued expansion in its digital services portfolio.
According to the bank’s financial statement released this week, the impressive performance was fueled by higher net interest income, improved cost management, and a surge in digital transactions. The bank also recorded steady growth in deposits and advances, supported by strategic investments in technology and customer experience.
A spokesperson for Askari Bank said the results underscore the institution’s commitment to innovation and sustainable profitability. “Our focus on digital transformation and customer-centric services continues to strengthen our market position,” the spokesperson added.
Industry analysts noted that the bank’s consistent performance amid challenging economic conditions highlights its strong risk management and diversified revenue streams.
Askari Bank has also accelerated its move toward digitization, launching new mobile and online banking features to meet growing customer demand for convenient, secure financial solutions.
The bank’s management expressed optimism about maintaining momentum through the final quarter, citing continued efforts to enhance service quality and operational efficiency.
