{"id":6108,"date":"2025-10-28T16:52:11","date_gmt":"2025-10-28T11:52:11","guid":{"rendered":"https:\/\/pkfin.kotenterprises.dev\/?p=6108"},"modified":"2025-10-28T16:52:11","modified_gmt":"2025-10-28T11:52:11","slug":"bank-makramah-limited-posts-pkr-1-75-billion-profit-before-tax-in-9-month-2025","status":"publish","type":"post","link":"https:\/\/pkfin.kotenterprises.dev\/?p=6108","title":{"rendered":"Bank Makramah Limited Posts PKR 1.75 Billion Profit Before Tax in 9 Month 2025"},"content":{"rendered":"

Bank Makramah Limited<\/a> (BML) has continued its remarkable recovery by posting a profit before tax of PKR 1.75 billion<\/strong> for the nine months ended September 30, 2025 \u2014 a sharp turnaround from a loss of PKR 5.05 billion<\/strong> recorded in the same period last year. This represents a positive swing of PKR 6.80 billion<\/strong>, underscoring the Bank\u2019s sustained momentum after achieving a profit before tax of PKR 1.44 billion in the first half of 2025 \u2014 its first positive bottom line in nearly a decade.<\/p>\n

According to the financial results, profit after tax stood at PKR 861 million<\/strong>, compared to a loss of PKR 3.18 billion<\/strong> during the corresponding period last year. The improvement reflects a fundamental strengthening of BML\u2019s financial position, driven by strong income growth<\/strong> and record recoveries from non-performing loans (NPLs)<\/strong>.<\/p>\n

During the nine-month period, the Bank\u2019s total income increased by PKR 2.18 billion<\/strong>, while non-fund income rose by 8% to PKR 2.95 billion<\/strong>. This growth was attributed to prudent investments, effective cost of deposit management, and higher capital gains.<\/p>\n

BML\u2019s deposit base closed at PKR 165.58 billion<\/strong> as of September 30, 2025 \u2014 up by PKR 3.11 billion or 1.92% year-on-year. On an average basis, deposits grew by PKR 11.51 billion (7.28%), reflecting the Bank\u2019s strategic focus on stable funding and balance sheet expansion.<\/p>\n

Amidst intense market competition, BML maintained its focus on improving the Current Account and Savings Account (CASA) mix<\/strong>, which improved to 94.58% from 89.59%<\/strong> in September 2024. The Bank reported a robust average cost of deposits at 7.20%<\/strong> for the period.<\/p>\n

Demonstrating continued cost discipline, operating expenses increased by only 7.2%<\/strong> year-on-year to PKR 6.39 billion from PKR 5.96 billion, showcasing enhanced operational efficiency.<\/p>\n

BML also reported record recoveries from NPLs<\/strong>, achieving a net provision reversal of PKR 5.99 billion<\/strong>, compared to PKR 0.97 billion in the same period last year. Consequently, the stock of NPLs declined to PKR 28.88 billion<\/strong> from PKR 34.19 billion at the end of 2024. The gross NPL ratio improved to 63.57%<\/strong>, down from 69.95%, while the coverage ratio remained strong at 95.49%<\/strong>.<\/p>\n

The Bank is now nearing full capital compliance<\/strong>, supported by the steadfast commitment of its sponsor shareholders<\/strong>. Key initiatives include the proposed amalgamation of Global Haly<\/strong>, valued at over PKR 26 billion, into the Bank, and an advance against share capital injection of PKR 5 billion<\/strong>, which will be converted into equity to ensure Minimum Capital Requirement (MCR) compliance.<\/p>\n

Additionally, the sale of Cullinan Tower<\/strong>, finalized at PKR 12 billion (with PKR 1 billion already received), and the settlement of large NPL exposures<\/strong> are expected to further strengthen the Bank\u2019s equity base and balance sheet.<\/p>\n

With continued emphasis on organic growth, governance, and operational discipline, Bank Makramah Limited is poised to close 2025 with record results<\/strong>, marking one of the most significant turnarounds in Pakistan\u2019s banking sector.<\/p>\n

The Bank\u2019s transformation reflects the success of its strategic execution and the unwavering commitment of its Sponsors, Board of Directors, and Management toward building a resilient, efficient, and profitable financial institution<\/strong> for the future.<\/p>\n","protected":false},"excerpt":{"rendered":"

Bank Makramah Limited (BML) has continued its remarkable recovery by posting a profit before tax of PKR 1.75 billion for the nine months ended September 30, 2025 — a sharp turnaround from a loss of PKR 5.05 billion recorded in the same period last year. This represents a positive swing of PKR 6.80 billion, underscoring […]<\/p>\n","protected":false},"author":1,"featured_media":6109,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"_FSMCFIC_featured_image_caption":"","_FSMCFIC_featured_image_nocaption":"","_FSMCFIC_featured_image_hide":"","footnotes":""},"categories":[1299],"tags":[],"class_list":["post","format-standard"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t