Pakistani banks have outperformed their regional counterparts across the Asia-Pacific, with the Bank of Punjab (BOP) emerging as the most successful institution in the region, according to a new report by S&P Global Market Intelligence.
The report reveals that the Bank of Punjab (BOP) recorded an impressive 176.4 percent profit growth, making it the top-performing publicly traded bank in the Asia-Pacific with a market capitalization exceeding $100 million.
The Bank of Khyber secured the second position, posting a 108 percent return, while several other Pakistani banks — including the National Bank of Pakistan (NBP), JS Bank, Askari Bank, and Habib Bank Limited (HBL) — also ranked among the top 15 performers in the region.
S&P Global noted that Pakistani banks achieved the highest returns in the Asia-Pacific during the third quarter, driven by positive trends in the domestic stock market and improving investor confidence.
