Rawalpindi: Askari Bank Limited disclosed significant financial updates following a Board of Directors meeting held on July 31, 2026. The bank announced an interim cash dividend of Rs. 2.0 per share, equating to 20%, for the half year ending June 30, 2026. This follows an earlier interim cash dividend of the same amount, maintaining a consistent payout to shareholders.
According to information available from the Pakistan Stock Exchange (PSX), the bank's financial position has shown notable changes. Total assets increased from Rs. 2.90 trillion in December 2025 to Rs. 3.25 trillion by June 2026. Investments rose to Rs. 2.23 trillion, and advances grew to Rs. 700.54 billion, indicating strategic growth efforts by the bank.
In a move to strengthen its financial standing, Askari Bank's Board approved an enhancement in the authorized and paid-up capital of its wholly owned subsidiary, Askari Currency Exchange (Pvt.) Limited. The authorized capital increased from Rs. 1.2 billion to Rs. 2.0 billion, while the paid-up capital rose from Rs. 1.0 billion to Rs. 1.5 billion. This strategic decision reflects the bank's commitment to expanding its currency exchange operations.
Despite these advances, the bank's net assets slightly decreased from Rs. 151.75 billion in December 2025 to Rs. 151.39 billion in June 2026. The decline in net assets was accompanied by a reduction in the surplus on revaluation of assets, which dropped to Rs. 23.61 billion from Rs. 31.15 billion.
The bank, categorized in the financial sector of the stock market, continues to adapt its strategies in response to the evolving economic landscape, as evidenced by its recent financial disclosures and capital enhancements.