Best bank: HBL
Established in 1947 as Pakistan’s first commercial bank, HBL has consistently been at the forefront of the banking industry’s evolution. Last year, it solidified its position as a trailblazer, delivering impressive financial results while demonstrating its commitment to innovation. In recognition of this it receives the award for Pakistan’s best bank.
HBL achieved a record profit before tax of $403 million in 2023, a 47% increase compared with 2022. Profit after tax surged to $205 million, a 68% rise year on year.
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