Karachi: The Directors of Security Investment Bank Limited have released the Annual Report for the fiscal year ending December 31, 2025. The report, dated April 1, 2026, highlights the bank’s financial performance, corporate governance practices, and an economic overview that reflects Pakistan’s cautiously optimistic outlook for 2026.
Pakistan’s economy demonstrated promising recovery signs with a real GDP growth of 2.7% in FY-2025. This growth is attributed to robust macroeconomic management and increased investor confidence, supported by the IMF’s Extended Fund Facility. Inflation also saw a significant decline compared to the previous financial year. Despite these positive indicators, the fiscal deficit remained at 6.2% of GDP. The external sector showed an impressive rebound with a current account surplus of $1.90 billion, supported by record high remittances and increased exports. However, a trade deficit of $21.30 billion persisted due to higher imports.
Amid these developments, the government initiated pension reforms, transitioning to a contributory system to address the fiscal burden of unfunded pension liabilities. The outlook for 2026 remains cautiously optimistic, with stable inflation, strong growth, and a resilient agriculture sector noted as potential growth drivers. However, challenges such as inflation, rising debt, energy shortages, and water scarcity continue to exert pressure on the economy.
On the monetary front, the State Bank of Pakistan’s Monetary Policy Committee managed to support growth by maintaining a policy rate of 10.50% in its January 26, 2026 meeting. The capital market also showed a positive trend, with the PSX-100 index closing at 174,473 points—representing a significant move—up from 115,126 points in the previous year.
According to information available from the Pakistan Stock Exchange (PSX), Security Investment Bank Limited’s financial performance for 2025 revealed a net profit of 20 million rupees, a decrease from the 77 million rupees recorded in 2024. Total revenue declined to 113 million rupees from 139 million rupees in the previous year, while expenses increased to 82 million rupees from 56 million rupees in 2024. The company’s earnings per share were noted at 0.338 rupees, down from 1.309 rupees in 2024.
The Directors’ Report emphasized the bank’s commitment to high corporate governance standards, ensuring compliance with regulatory provisions and listing rules. Despite a challenging economic environment, the bank maintained sound internal control systems and confirmed no material deviations from corporate governance best practices.
As Pakistan navigates its economic recovery, the Security Investment Bank Limited remains focused on managing interest rate and market risks, while the Board of Directors continues to uphold strategic direction and business performance in alignment with the company’s objectives.