Sindh Bank has announced an impressive financial performance for the nine months ended September 30, 2025, reporting a pre-tax profit of Rs 2.542 billion. The bank’s Board of Directors, during a meeting held on October 29, 2025, approved the accounts and praised the remarkable achievements across key business segments. This result represents a 213 percent increase in operating profit compared to the same period last year, reflecting both robust operational efficiency and a strengthened financial position.
The bank’s net markup income increased by 25 percent over the nine-month period, despite downward revisions in the policy rate. Non-markup income also surged by 79 percent, reaching Rs 694 million, supported by higher fees, commissions, dividends, and gains on securities. This diverse income stream underscores Sindh Bank’s ability to capitalize on multiple revenue channels, enhancing overall profitability.
Total equity of the bank grew by Rs 2.1 billion, reaching Rs 31.2 billion as of September 30, 2025. The bank’s Capital Adequacy Ratio (CAR) stood at a strong 25.04 percent, significantly above the minimum regulatory requirement of 11.50 percent. With a minimum capital of Rs 26.8 billion, Sindh Bank has demonstrated resilience and the capacity to absorb financial shocks while supporting sustainable balance sheet growth.
Deposits continued to show strong momentum, reaching a record Rs 335.1 billion for the quarter ended September 30, 2025, surpassing the previous high of Rs 312.7 billion recorded on December 31, 2024. The bank has also improved its deposit mix, with non-remunerative deposits contributing to profitability. CASA (Current Account Savings Account) ratio improved from 82 percent in December 2024 to 87 percent, reflecting the bank’s successful strategy in increasing low-cost funding. The total number of account holders reached 1.3 million, with 0.2 million new customers added during the period.
On the lending side, Sindh Bank reported gross advances of Rs 136 billion, an all-time high representing a 37.4 percent increase from Rs 98.9 billion at the end of 2024. The growth was primarily driven by SME financing, which rose 74 percent, and consumer financing, which increased by 48 percent. Additionally, the bank expanded its sovereign-backed financing portfolio, further diversifying its loan book.
Credit rating agency VIS Credit Rating Company Limited reaffirmed Sindh Bank’s long-term AA- and short-term A-1+ ratings with a stable outlook, reflecting confidence in the bank’s strong fundamentals and prudent risk management practices.
The Board of Directors expressed gratitude to the Government of Sindh and the bank’s clientele for their continued trust and support, acknowledging their role in Sindh Bank’s ongoing success.
With sustained growth across deposits, advances, and profitability metrics, Sindh Bank continues to solidify its position as a leading financial institution in Pakistan, demonstrating resilience, operational excellence, and strategic foresight in the banking sector.
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