The National Bank of Pakistan (NBP) earned a whopping after-tax profit of Rs8.1 billion during the first half (January-June) of this calendar, an increase of 42 per cent compared to Rs5.7bn during the year-ago period.
The bank recorded a pre-tax profit of Rs12.3bn during the half, a rise of 63 per cent compared to the same period last year, said a press release by the bank.
Capital gains for the quarter clocked in at Rs3.83bn, one of the highest on record which, together with a sequential spike in Net Interest Income, enabled total income (including provisions) to register at record high levels.
