This survey has been prepared by KPMG Taseer Hadi & Co. and summarizes the performance of selected banks in Pakistan during the year 2011.
Banking sector in Pakistan has been divided in four categories for the purpose of this survey to facilitate comparison of peer groups. Banks with total assets in excess of Rs. 400 billion are categorised as “Large Banks”, banks with total assets from Rs. 101 billion to Rs. 400 billion are categorised as “Medium Size Banks”, and banks with total assets up to Rs. 100 billion are categorised as “Small Banks”. “Islamic Banks” have been presented as a separate category and included in their respective category of Medium and Small 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 included in this survey to enhance the understanding of ratios and analysis of performance of a particular bank.
The financial statements of Sindh Bank Limited and KASB Bank Limited were not published till 31 March 2012, and accordingly, are not included in this survey.
Comparative figures for 2010 as reported in our Banking Survey 2010 have been updated due to inclusion of financial statements of Bank of Punjab, Faysal Bank Limited and Citibank, N.A which were not part of our previous survey.
We have tried to provide relevant financial analysis 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. The comments may be sent on firstname.lastname@example.org.