Pakistan, Oct. 16 -- HBL on Tuesday declared a profit before tax of Rs8.4 billion in the third quarter of 2019, more than double over the corresponding period last year.
The bank's core domestic business continued on a positive trajectory with all drivers showing strong growth. Consolidated profit before tax of Rs18.3 billion for the nine months ended September 30, 2019, was 3pc higher than for the corresponding period last year. The bank's international business has also started showing positive trends.
HBL's earnings per share for 9M'19 were recorded at Rs5.89. Along with the results, the board declared a dividend of Rs1.25 per share (12.5pc).
HBL's total domestic deposits increased by Rs118 billion, staying above the Rs2 trillion mark...