PACRA maintains ratings of BAH

KARACHI: PACRA has maintained ratings of Bank Al Habib Limited (BAHL). The ratings reflect the bank’s sustained performance, exceptional asset quality, satisfactory financial profile and strong liquidity. The bank has solidified its relative positioning in the universe of large sized banks with maintained share in the country’s customer deposits; slightly up in 1Q17. The bank continued with its strategy for outreach expansion - adding significant branches every year. The strength of the bank is reflected in the high proportion of retail deposits in total: concentration is low and hence reduced risk. Trade finance is the bank’s hallmark yet the bank is building alternative revenue streams, while exploring opportunities in CPEC related projects.

Published in The Express Tribune, July 8^th, 2017.

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