In next 2 days one bank and one big corporation will
announce its results. Financial results of Allied Bank will be announced
on August 21 and ENGRO will revile its financial statement on August
22, 2013. Stock market experts says both companies will show profits.
Showing posts with label ABL. Show all posts
Showing posts with label ABL. Show all posts
Monday, August 19, 2013
Tuesday, July 30, 2013
NBP the largest and the most efficient lender to farmer
Among all the financial institutions
involved in lending to farmers National Bank of Pakistan (NBP) achieved nearly
120% of its target in agri loans and the second best performer after Allied Bank
Limited (ABL), which has achieved 146% of the allocated target for the year
ended June 30, 2013.
However, among the ‘Big Five’, NBP
is the largest and the most efficient lenders to the farmers. This conclusion
can be drawn if one compares NBP and ABL.
The first parameter is over all size
of disbursement. While NBP disturbed over Rs57 billion, ABL lent Rs27 billion
only.
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