Standard Chartered Bank (Pakistan) Limited has announced a resilient financial performance for the first half of 2025, reporting a profit before tax of PKR 32.9 billion compared to PKR 49.3 billion in the same period last year. Revenue stood at PKR 44.4 billion, 24% lower than H1 2024 due to a sharp reduction in interest rates, partly offset by higher non-funded income and reduced cost of funds. Despite a 13% increase in expenses driven by inflation and investments in infrastructure and people, the Bank maintained an efficient cost-to-income ratio of 27%. A prudent risk approach and recoveries of bad debts resulted in a net release of PKR 0.6 billion.
On the liabilities side, total deposits stood at PKR 697 billion, down 17% since the start of the year, reflecting a deposit optimisation initiative. The share of current accounts improved to 59% compared to 48% last year. On the assets side, net advances increased by PKR 39 billion, up 23% during H1 2025, highlighting an improvement in economic momentum.
Standard Chartered Pakistan continues to invest in digital capabilities, infrastructure, and compliance systems, focusing on clients and sustainable growth. The Bank reported a strong Return on Equity (ROE) of 28.8% and a Capital Adequacy Ratio (CAR) of 21.5%, underlining its financial strength. The Board of Directors declared an interim cash dividend of 35% (PKR 3.50 per share) for the half year ended June 30, 2025.
Rehan Shaikh, CEO & Head of Coverage at Standard Chartered Pakistan, said the results reflect strong fundamentals and a robust balance sheet despite macroeconomic challenges. He reaffirmed the Bank’s commitment to supporting clients, employees, and communities with a diversified portfolio and deep client relationships.
In line with its community efforts, the Bank launched the SC Women in Tech Programme to tackle gender disparity in technology, expanded the Goal Accelerator Programme to empower disadvantaged girls, and continued its partnership with Karachi United for the seventh Youth League Football Tournament.
With consistent profitability, sustainable growth strategies, and impactful social initiatives, Standard Chartered Pakistan remains well-positioned to drive financial innovation and community development in the country.
