LAHORE – The BOP yesterday hosted a corporate briefing for analysts, brokers, and market participants to share its half-yearly and annual financial performance. The session was led by President & CEO Zafar Masud, accompanied by top executives including Nadeem Amir, Nofel Daud, Kamran Hafeez, Qasim Nadeem, and Umer Khan.
The BOP reported record results in the first half of 2025, highlighting the strength of its strategy and operations. Operating profit surged by 278%, while profit before tax reached Rs 15.2 billion, the highest in the bank’s history. In line with its new dividend policy, the bank announced its first-ever interim cash dividend of 10%.
Deposits also saw robust growth, with current deposits up 43% and Islamic deposits rising 80%. The bank’s share price jumped 294% over the past year, boosting its market capitalization to Rs 63 billion. During the briefing, management emphasized that the bank’s profitability is sustainable, driven by improved deposit mix, digital adoption, and growing fee-based income streams, rather than one-off gains.
Analysts inquired about the potential impact of recent floods on agriculture and SME portfolios. Management clarified that only 8% of these portfolios are in flood-affected areas, with 76.59% covered under government first-loss guarantees. The remaining exposure is mostly collateralized, with less than 0.18% unsecured. Recovery rates remain strong, particularly for the flagship Kissan Card portfolio, with repayment rates around 99%.
On investments, management said the BOP portfolio consists of 57% floating rate bonds, 19% fixed PIBs, and 24% T-bills. Current accounts have improved from 17% in 2023 to 24% in the first half of 2025, surpassing year-end targets.
CEO Zafar Masud remarked, “Our results reflect structural reforms, low-cost deposit growth, and efficient treasury operations. We remain prepared to navigate risks while delivering value.”
Looking ahead, BOP plans to enhance digital services, expand financial inclusion, and focus on SME, agriculture, and housing finance, maintaining a resilient and sustainable growth trajectory.
In other news read more about: PM’s Aide Chairs SMEDA Board Meeting to Strengthen SMEs
