This survey has been prepared by KPMG Taseer Hadi & Co., and summarizes the performance of selected banks in Pakistan during the year 2009.
Banking sector in Pakistan has been divided in four categories for the purpose of this survey to ease comparison of peer groups. Banks with total assets in excess of Rs. 300 billion are categorized as “Large Size Banks”, banks with total assets from Rs. 51 billion to Rs. 299 billion are categorized as “Medium Size Banks”, and banks with total assets up to Rs. 50 billion are categorized as “Small Size Banks”. “Islamic Banks” have been presented as a separate category and included in their respective category of Medium and Small Size Banks based on total assets threshold.
The information contained in this survey has been obtained from the published consolidated financial statements of the banks, statistical bulletins and quarterly / annual reports published by State Bank of Pakistan (SBP), analysts and research reports and information published in business magazines and newspapers.
Reference should be made to the published financial statements of the banks and definitions within this survey to enhance the understanding of ratios and analysis of performance of a particular bank.
The financial statements of Bank of Punjab, Dawood Islamic Bank Limited, Silk bank Limited and KASB Bank Limited were not published till 31 March 2010, and accordingly, are not included in this survey.
We have tried to provide relevant financial analyses of the banks which we thought would be useful for benchmarking and comparison. However, we welcome any comments, which would facilitate in improving the contents of this survey.