Transmission of Quarterly Report for the Period Ended 30.06.2025

Report for the half year ended

June 30, 2025

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LIMITED

Directors' Review1

Directors' Review (Urdu)6

Independent Auditor's Review Report7

Unconsolidated Condensed Interim Statement of Financial Position8

Unconsolidated Condensed Interim Profit and Loss Account9

Unconsolidated Condensed Interim Statement of Comprehensive Income10

Unconsolidated Condensed Interim Statement of Changes in Equity11

Unconsolidated Condensed Interim Cash Flow Statement12

Notes to the Unconsolidated Condensed Interim Financial Statements13

Consolidated Condensed Interim Statement of Financial Position46

Consolidated Condensed Interim Profit and Loss Account47

Consolidated Condensed Interim Statement of Comprehensive Income48

Consolidated Condensed Interim Statement of Changes in Equity49

Consolidated Condensed Interim Cash Flow Statement50

Notes to the Consolidated Condensed Interim Financial Statements51

Corporate Information

Board Of Directors Lt. Gen Anwar Ali Hyder, HI(M) (Retd) - Chairman

Mr. Jahangir Piracha

Maj. Gen Muhammad Zafar Iqbal, HI (M) (Retd) Syed Bakhtiyar Kazmi

Mr. Khurshid Zafar Mr. Manzoor Ahmed

Mr. Kamran Yousuf Mirza Ms. Samina Rizwan

Ms. Vadiyya Khalil

Raja Muhammad Abbas

Mr. Zia Ijaz - President & Chief Executive Officer

Board Audit Committee Mr. Kamran Yousuf Mirza - Chairman Mr. Jahangir Piracha

Syed Bakhtiyar Kazmi Mr. Manzoor Ahmed

Auditors A. F. Ferguson & Co.

Chartered Accountants

Legal Advisors RIAA, Barker Gillette

Advocates & Corporate Counselors

Company Secretary Syed Ali Safdar Naqvi

Registered Office AWT Plaza, The Mall, P. O. Box No. 1084 Rawalpindi - 46000, Pakistan

Tel: (92 51) 8092624, UAN: (92 51) 111 000 787

Fax: (92 51) 2857448

Email: ir@askaribank.com.pk

Registrar & Share Transfer Office CDC Share Registrar Services Limited (CDCSRSL)

Mezzanine Floor, South Tower, LSE Plaza 19-Khayaban-e-Aiwan-e-Iqbal, Lahore

Tel: Customer Support Services (Toll Free) 0800-CDCPL (23275)

Tel: (92 42) 36362061-66

Fax: (92 42) 36300072

Email: info@cdcsrsl.com Website: https://www.cdcsrsl.com

Entity Ratings Long Term: AA+ Short Term: A1+

By PACRA

Website https://www.askaribank.com

Social Media

Askari_Bank askaribankpk askaribanklimited AskariBankOfficial

The Directors present unconsolidated condensed interim unaudited financial statements for the six month period ended June 30, 2025.

The outgoing fiscal year saw continued economic recovery and the new year begins with encouraging signs of stability. The resilience of the economy was particularly tested during the period of heightened geopolitical tensions causing temporary disruption during last quarter of the fiscal year. Overall economic activity witnessed lowering inflation, improving external balances, exports, remittances and stable exchange rate. Policy measures under the IMF’s 37-month Extended Fund Facility remained pivotal in reinforcing macroeconomic discipline and restoring confidence amid a challenging global environment.

Inflation continued to ease steadily; current account recorded a surplus of US$2.1 billion for the outgoing fiscal year, a swing from last year’s deficit of USD 2.1 billion, primarily led by strong growth in remittances and exports, despite widening trade deficit. Exports grew by 5.2 percent while imports by 9.6 percent in response to improving economic activity. Remittances are projected to grow modestly due to a high base effect and declining incentives, while the trade deficit may widen amid rising imports. Current account deficit is expected to range within 0-1 percent of GDP for fiscal ‘26. Impact of higher-than-expected increase in energy prices, widening trade deficit and global uncertainty were the key considerations for a cautious monetary policy stance as the policy rate was kept at 11 percent in the recent announcement. At end Jun’25, FX reserves were reported at USD 20 billion, against USD 14 billion a year ago, reflecting enhanced external sector resilience.

The outlook for global economic growth is projecting slowdown amid prolonged uncertainty and rising trade tensions. Lingering inflation is an added concern reflected by mixed trends in international commodity prices. Pakistan’s economy is positioned to gain further traction benefitting from monetary easing, improved business sentiment, rising credit to the private sector, and overall macroeconomic stability. Inflation is expected to remain mostly within the target range of 5 to 7 percent though the outlook is susceptible to risks emanating from uncertain global commodity prices, adjustments in administered energy prices and impact of recent heavy rains on agriculture output and supply chains. Strengthening external buffers and pursuing fiscal reforms remain key imperatives for stimulating long-term economic activity.

The financial results of the Bank for the six months ended June 30, 2025 are summarized as under:

(Rupees in Million) Six month period ended

June 30,

The Bank posted profit before tax of Rs. 27.8 billion for the six month period ended June 30, 2025, a yoy growth of 71 percent. Profit after tax increased to Rs. 10.6 billion, yoy growth of 32 percent due to higher tax charge recognized during the current period. Earnings per share for the current six months improved to Rs.7.33 from Rs. 5.57 for the same period last year.

Net interest income grew by 67 percent contributed by volumetric growth and strategic spread management enabled by reduction in cost of funds, mainly through buildup of current accounts and asset deployment timed to optimize effects of declining market rates. Total income increased by 49 percent, to Rs. 49.2 billion. Non-markup income declined by 10 percent, to Rs. 6.7 billion mainly due to reduction in foreign exchange earnings and commission on trade and remittances. Operating expenses increased by 21 percent yoy, mainly due to branch expansion; 60 new branches added to the network for higher customer acquisition and revenue growth, along with increased cost of human capital. Cost to income ratio improved from 52.2 percent to 42.3 percent reflecting managements’ sharp focus on costs and related revenue drivers.

Customer deposit grew by 12 percent to close at Rs.1.52 trillion. The strategic focus remained on current accounts that grew by 25 percent during the half year in review. Resulting CA ratio improved to 32 percent while CASA ratio was maintained at 90 percent. Advances declined by 24 percent mainly due to maturity of certain short-term facilities during the period. The Bank recognized credit loss allowance of Rs. 635 million compared to Rs. 454 million reversal for the corresponding period. Infection ratio stood at 6 percent while the coverage ratio is reported at 114 percent. The Bank is well capitalized with adequate buffers over regulatory requirements. At June 30, 2025, leverage ratio was recorded at 3.61 percent and capital adequacy ratio 22.35 percent.

The Bank’s entity rating was reaffirmed at ‘AA+’ (Double A Plus) for the long-term by Pakistan Credit Rating Agency Limited (PACRA), with outlook assigned as ‘Stable’. Short-term rating was maintained at ‘A1+’ (A One Plus). The Bank’s strong brand and affiliation with Fauji Group, one of the country’s most prominent conglomerates are recognized as the key rating drivers, supported by Bank's experienced management team, prudent risk management policies, and deep-rooted relationship with clients.

The Bank remains committed to adapt evolving business dynamics to ensure sustainable growth, underpinned by strong governance, compliance, credit, and risk management frameworks. While supporting trade flows and expanding its presence in cash management and transactional banking, the Bank continues to focus on growing its share in retail segment, particularly low-cost deposits through optimization and strategic branch expansion. Enhancing customer experience remains a key priority driven by accelerating digital adoption for enhanced process efficiency and faster turn-around times. Continued investment in human capital, a supportive workplace culture, automation, and process optimization remains key priorities.

On behalf of the Board, we would like to place on record our gratitude to our valued customers and shareholders for their continued patronage to the Askari brand; our profound thanks to the State Bank of Pakistan, Securities and Exchange Commission of Pakistan and other regulatory authorities for their guidance and assistance. We would also like to place on record our appreciation for the efforts of the Shariah Board for strengthening shariah compliance and governance framework for Askari Ikhlas Islamic Banking. Lastly, we record our appreciation to our staff for their hard work and dedication.

President & CEO Chairman Board of Directors

August 21, 2025 Rawalpindi

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pwc A·F ·FERGUSON&Co.

INDEPENDENT AUDITOR'S REVIEW REPORT

To the members of Askari Bank Limited

Report on review of Interim Financial Statements Introduction

We have reviewed the accompanying unconsolidated condensed interim statement of financial position of Askari Bank limited (the Bank) as at June 30, 2025 and the reJated unconsolidated condensed interim statement of profit and loss account. unconsolidated condensed interim statement of comprehensive income, unconsolidated condensed interim statement of changes in equity, and unconsolidated condensed interim cash flow statement, and notes to the unconsolidated condensed interim financial statements for the six month period then ended (here-in-after referred to as the "interim financial statements"}. Management is responsible for the preparation and presentation of these unconsolidated interim financial statements in accordance with accounting and reporting standards as applicable in Pakistan for interim financial reporting. Our responsibility is to express a conclusion on these unconsolidated interim financial statements based on our review.

Scope of Review

We conducted our review in accordance with International Standard on Review Engagements 2410. "Review of Interim Financial lnformati:>n Performed by the Independent Auditor of the Entity". A review of unconsolidated interim financial statements consists of making inquiries, primarily of persons responsible for financial and

accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted In accordance wilh International Standards on Auditing and consequently does not. enable us to obtain assurance lhat we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion.

Concluslon

Based on our review, nothing has come to our atlention that causes us to believe that the accompanying unconsolidated Interim financial statements are not prepared, in all material respects, in accordance with the accounting and reporting standards as applicable in Pakistan for interim financial reporting.

Other matters

I) Pursuant to the requirement of Section 237 (1) (b} of the Companies Act, 2017, only cumulative figures for the half year, presented in the second quarter accounts are subject to a limited scope review by the statutory auditors of the Bank. Accordingly, the figures of the unccnsolidated condensed interim statement of profit and loss account and unconsolidated condensed interim statement of comprehensive income for the quarter ended June 30, 2025 and June 30, 2024 have not been reviewed by us.

Ii) The financial statements of the Bank for the year ended December 31, 2024 ana the interim financial statements of the Bank for the six month period ended June 30, 2024 were audited and reviewed, respectively, by arother auditor who expressed an unmodified opinion and unmodified conclusion on those statements on March 2, 2025 and August 29, 2024, respactively.

The engagement partner on the audit resulting in this independent auditor's report is M. lmtiaz Aslam.

Chartered Islamabad

Date: August 27, 2025

UDIN: RR202510050xWTqsjEzi

I

1. - -······-··· ····-······-..·······-..··· ....... . . ............-..........................................................-........................................................�... ___...,.......

   1. F. FERGUSON & CO., Chartered Accountunts, a memberfirm ofthe PwC network 74·1�1, :md Floor, Blue Area, Ji11m1Ji Aue11ue, P.O.llox :10.21, lslamabad-44000, Pakist,m

      Ttl: +92 (51) a.273457-60/2604934-,17; Fax: +92 (51) :4;177924; <_ww1u.pux3a_.mm _j29_k="">

      • KARACHI. •LAHORE •tSLAMABAO

7

ASKARI BANK LIMITED

UNCONSOLIDATED CONDENSED INTERIM STATEMENT OF FINANCIAL POSITION AS AT JUNE 30, 2025

(Un-audited) (Audited)

June 30, December 31,

2025 2024

Note ------ Rupees in '000 ------

The annexed notes 1 to 42 form an integral part of these unconsolidated condensed interim financial statements.

Chief Financial Officer President & Chief Executive Officer Director Director Chairman

ASKARI BANK LIMITED

UNCONSOLIDATED CONDENSED INTERIM STATEMENT OF PROFIT AND LOSS ACCOUNT (UN-AUDITED) FOR THE SIX MONTH PERIOD ENDED JUNE 30, 2025

Quarter ended Six month period ended

Note Rupees in '000

Rupees

Basic and diluted earnings per share 35 2.42 3.01 7.33 5.57

The annexed notes 1 to 42 form an integral part of these unconsolidated condensed interim financial statements.

Chief Financial Officer President & Chief Executive Officer Director Director Chairman

ASKARI BANK LIMITED

UNCONSOLIDATED CONDENSED INTERIM STATEMENT OF COMPREHENSIVE INCOME (UN-AUDITED) FOR THE SIX MONTH PERIOD ENDED JUNE 30, 2025

Quarter ended Six month period ended

Rupees in '000

Profit after taxation for the period 3,502,820 4,356,393 10,625,536 8,071,451

Other comprehensive income

Items that may be reclassified to statement of profit and loss account in subsequent periods:

Effect of translation of net investment in Wholesale Bank Branch Movement in surplus on revaluation of debt investments through

FVOCI - net of tax

9,329,385 1,885,604 7,094,116 1,047,087

Items that will not be reclassified to statement of profit and loss account in subsequent periods:

Movement in surplus on revaluation of equity investments through

The annexed notes 1 to 42 form an integral part of these unconsolidated condensed interim financial statements.

Chief Financial Officer President & Chief Executive Officer Director Director Chairman

10

ASKARI BANK LIMITED

UNCONSOLIDATED CONDENSED INTERIM STATEMENT OF CHANGES IN EQUITY FOR THE SIX MONTH PERIOD ENDED JUNE 30, 2025

Exchange

Surplus / (deficit) on revaluation of

Share translation Statutory General Property and equipment Un-appropriated

capital reserve reserve reserve Investments / Non banking assets profit Total Rupees in '000

Gain on disposal of equity securities measured at FVOCI - net of tax

Transactions with owners, recorded directly in equity

Final dividend 2023: Rs. 2.5 per share

Balance as at June 30, 2024 (un-audited) - restated

Total comprehensive income for the six month period ended December 31, 2024

Profit after taxation for the six month period ended

Transfer to statutory reserve Transfer to general reserve

Gain on disposal of equity securities measured at FVOCI - net of tax

Transactions with owners, recorded directly in equity

Final dividend 2024: Rs. 3 per share

98)

Balance as at June 30, 2025 (un-audited) 14,492,992 1,965,355 20,913,350 64,839,092 13,815,673 10,967,967 9,204,987 136,199,416

The annexed notes 1 to 42 form an integral part of these unconsolidated condensed interim financial statements.

Chief Financial Officer President & Chief Executive Officer Director Director Chairman

11

ASKARI BANK LIMITED

UNCONSOLIDATED CONDENSED INTERIM CASH FLOW STATEMENT (UN-AUDITED) FOR THE SIX MONTH PERIOD ENDED JUNE 30, 2025

Note

Six month period ended June 30, June 30,

2025 2024

------ Rupees in '000 ------

The annexed notes 1 to 42 form an integral part of these unconsolidated condensed interim financial statements.

Chief Financial Officer President & Chief Executive Officer Director Director Chairman

12

ASKARI BANK LIMITED

NOTES TO THE UNCONSOLIDATED CONDENSED INTERIM FINANCIAL STATEMENTS (UN-AUDITED) FOR THE SIX MONTH PERIOD ENDED JUNE 30, 2025

1. STATUS AND NATURE OF BUSINESS

   Askari Bank Limited (the Bank) was incorporated in Pakistan on October 9, 1991 as a Public Limited Company and is listed on the Pakistan Stock Exchange. The registered office of the Bank is situated at AWT Plaza, the Mall, Rawalpindi. The Bank is a scheduled commercial bank and is principally engaged in the business of banking as defined in the Banking Companies Ordinance, 1962. The Fauji Consortium: comprising of Fauji Foundation (FF) and Fauji Fertilizer Company Limited (FFCL) collectively own 71.91 (December 31, 2024: 71.91) percent shares of the Bank. The ultimate parent of the Bank is Fauji Foundation. The Bank has 720 branches (December 31, 2024: 720 branches); 719 (December 31, 2024:

   719) in Pakistan and Azad Jammu and Kashmir including 198 (December 31, 2024: 198) Islamic Banking branches and 68 (December 31, 2024: 68) sub–branches and a Wholesale Bank Branch (WBB) in the Kingdom of Bahrain. The Pakistan Credit Rating Agency (PACRA) has maintained long term rating of AA+ (December 31, 2024: AA+) and short term rating of A1+ (December 31, 2024: A1+) to the Bank with stable outlook.

2. BASIS OF PREPARATION AND STATEMENT OF COMPLIANCE

   1. BASIS OF PREPARATION

      1. These unconsolidated condensed interim financial statements represent separate financial statements of the Bank in which investment in subsidiaries is accounted for on the basis of cost less accumulated impairment losses, if any.

      2. The Islamic banking branches of the Bank have complied with the requirements as set out in the Islamic Financial Accounting Standards (IFAS), issued by the Institute of Chartered Accountants of Pakistan (lCAP) as are notified under the provisions of Companies Act, 2017. Key financial figures of the Islamic Banking Branches are disclosed in note 40 to these unconsolidated condensed interim financial statements.

      3. These unconsolidated condensed interim financial statements have been prepared under the historical cost convention except that certain class of property and equipment and non-banking assets acquired in satisfaction of claims are stated at revalued amounts; investments classified at fair value through profit or loss and fair value through other comprehensive income are stated at fair value; staff loans, Temporary Economic Refinance Facilities (TERF) loans and corresponding borrowings from State Bank of Pakistan (SBP) are measured at fair value at initial recognition; and staff retirement benefits, lease liabilities and corresponding right-of-use assets are stated at present value, as disclosed in their respective notes.

      4. The Bank believes that there is no significant doubt on the Bank's ability to continue as a going concern. Therefore, these unconsolidated condensed interim financial statements have been prepared on a going concern basis.

      5. These unconsolidated condensed interim financial statements have been presented in Pak Rupees, which is the Bank's functional and presentation currency. The figures have been rounded off to the nearest thousand rupees, unless otherwise stated.

   2. STATEMENT OF COMPLIANCE

      1. These unconsolidated condensed interim financial statements have been prepared in accordance with the accounting and reporting standards as applicable in Pakistan for interim financial reporting. The accounting and reporting standards as applicable in Pakistan for interim financial reporting comprise of:

         • International Accounting Standard (IAS) 34, 'Interim Financial Reporting', and International Financial Reporting Standards (IFRS) issued by the International Accounting Standards Board (IASB) as notified under the Companies Act, 2017;

         • Islamic Financial Accounting Standards (IFAS) issued by the Institute of Chartered Accountants of

           Pakistan (ICAP) as are notified under the Companies Act, 2017;

         • Provisions of and directives issued under the Banking Companies Ordinance, 1962 and the Companies Act, 2017; and

         • Directives issued by the State Bank of Pakistan (SBP) and the Securities and Exchange Commission of Pakistan (SECP).

           Whenever the requirements of the Banking Companies Ordinance, 1962, the Companies Act, 2017 or the directives issued by the SBP and the SECP differ with the requirements of IFRS or IFAS, the requirements of the Banking Companies Ordinance, 1962, the Companies Act, 2017 and the said directives, shall prevail.

      2. The disclosures made in these unconsolidated condensed interim financial statements have been limited based on the format prescribed by the SBP vide BPRD Circular No. 2 dated February 9, 2023 and IAS 34. These unconsolidated condensed interim financial statements do not include all the information and disclosures required in the audited annual unconsolidated financial statements, and should be read in conjunction with the audited annual unconsolidated financial statements for the year ended December 31, 2024.

      3. SBP vide BSD Circular Letter No. 10, dated August 26, 2002, has deferred the applicability of International Accounting Standard (IAS) 40, Investment Property for banking companies till further instructions. Moreover, SBP vide BPRD Circular No. 4, dated February 25, 2015, has deferred the applicability of Islamic Financial Accounting Standards (IFAS) 3, Profit and Loss Sharing on Deposits. Further, according to the notification of the SECP issued vide SRO 411(I)/2008 dated April 28, 2008, International Financial Reporting Standard (IFRS) 7, 'Financial Instruments: Disclosures' has not been made applicable for banks. Accordingly, the requirements of these standards have not been considered in the preparation of these unconsolidated condensed interim financial statements.

      4. Standards, interpretations of and amendments to published approved accounting standards that are effective in the current period

         There are certain new and amended standards, issued by International Accounting Standards Board (IASB), interpretations and amendments that are mandatory for the Bank's accounting periods beginning on or after January 1, 2025 but are considered not to be relevant or do not have any material effect on the Bank's financial statements and therefore are not detailed in these unconsolidated condensed interim financial statements. The impact of IFRS 9 for the current period is disclosed in note 3.1.3 to these unconsolidated condensed interim financial statements. Further, the comparative period has been restated to incorporate the impact of adoption of IFRS 9 as disclosed in note 3.1.1 to these unconsolidated condensed interim financial statements.

      5. Standards, interpretations of and amendments to published approved accounting standards that are not yet effective

         There are certain new and amended standards, issued by International Accounting Standards Board (IASB), interpretations and amendments that are mandatory for the Bank's accounting periods beginning on or after January 1, 2026 but are considered not to be relevant or do not have any material effect on the Bank's financial statements except for:

         • IFRS 18 'Presentation and Disclosure in Financial Statements' (published in April 2024) with applicability date of January 1, 2027 by IASB. IFRS 18 is yet to be adopted in Pakistan. IFRS 18 when adopted and applicable shall impact the presentation of 'Statement of Profit and Loss Account' with certain additional disclosures in the unconsolidated condensed interim financial statements.

         • amendments to IFRS 9 'Financial Instruments' which clarify the date of recognition and derecognition of a financial asset or financial liability including settlement of liabilities through banking instruments and channels including electronic transfers. The amendment when applied may impact the timing of recognition and derecognition of financial liabilities.

         • amendment to IAS 21 'The Effects of Changes in Foreign Exchange Rates' which will require Banks to apply a consistent approach in assessing whether a currency can be exchanged into another currency and, when it cannot, in determining the exchange rate to use and the disclosures to provide.

3. MATERIAL ACCOUNTING POLICY INFORMATION

   The material accounting policies applied in the preparation of these unconsolidated condensed interim financial statements are consistent with those applied in the preparation of the annual audited unconsolidated financial statements of the Bank for the year ended December 31, 2024. Impacts of adoption of IFRS 9 for comparative and current period are disclosed in note 3.1 below.

   1. IFRS 9 - Financial Instruments

      1. The Bank had adopted IFRS 9 effective from January 1, 2024 with modified retrospective approach for restatement permitted under IFRS 9. The cumulative impact of initial application amounting to Rs. 3,897,926 thousand was recorded as an adjustment to equity at the beginning of the previous accounting period.

         The Bank, in compliance with extended timelines prescribed in SBP's BPRD Circular Letter No. 16 dated July 29, 2024 and BPRD Circular Letter No. 1 dated January 22, 2025 had incorporated certain IFRS 9 related impacts in the last quarter of 2024. Therefore, the unconsolidated condensed interim statement of profit and loss account (un-audited) for the six month period ended June 30, 2024 have been restated to incorporate these impacts. The details are tabulated below:

         Financial statement line item

         Without impact of restatement

         Effect of

         restatement As presented Description

         ----------------- Rupees in '000 -----------------

         Mark-up/ return/ interest earned	205,341,247	1,084,010	206,425,257	Fair value impact of subsidised advances
         				and staff loans
         Other income	202,823	9,305	212,128	Amortisation of deferred grant on subsidised refinance loans
         Mark-up/ return/ interest expense	(180,577,331)	(404,095)	(180,981,426)	Fair value impact of subsidised borrowings
         Operating expenses	(16,236,239)	(689,220)	(16,925,459)	Fair value impact of staff loans

         Profit before taxation 16,207,152 - 16,207,152

         15

      2. The SBP in a separate instruction BPRD/RPD/822456/25 dated January 22, 2025 has allowed extension for application of Effective Interest Rate upto December 31, 2025.

      3. During the current period, in compliance with BPRD Circular No. 03 of 2022 dated July 5, 2022, and BPRD Circular Letter No. 16 dated July 29, 2024, the Bank has applied IFRS 9 ‘Financial Instruments’ for the measurement of unquoted equity securities at fair value and for the calculation of Expected Credit Loss (ECL) on Exposure At Default (EAD) of revolving credit products beyond their contractual maturity dates. The respective impacts, net of tax, amounting to Rs. 432,400 thousand and Rs. 440,618 thousand, have been recognized as an adjustment to equity at the beginning of the current period.

      4. The SBP has directed the Banks through its BPRD Circular Letter No. 1 dated January 22, 2025 to continue the existing revenue recognition methodology for Islamic Operations, including the requirements of IFAS 1 and IFAS 2 until further instructions. Had IFRS 9 been adopted in its entirety for revenue recognition from Islamic operations, the revenue of the Bank would have been higher by Rs. 605,532 thousand.

4. CRITICAL ACCOUNTING ESTIMATES AND JUDGEMENTS

   The basis for accounting estimates adopted in the preparation of these unconsolidated condensed interim financial statements are same as that applied in the preparation of the annual audited unconsolidated financial statements for the year ended December 31, 2024, except for matters related to IFRS 9 which have been disclosed in note 3.1 to these unconsolidated condensed interim financial statements.

5. FINANCIAL RISK MANAGEMENT

   The financial risk management objectives and policies adopted by the Bank are consistent with those disclosed in the audited annual unconsolidated financial statements of the Bank for the year ended December 31, 2024.

   16

   (Un-audited)	(Audited)
   June 30,	December 31,
   2025	2024

6. CASH AND BALANCES WITH TREASURY BANKS Note ------ Rupees in '000 ------

In hand

June 30, 2025 (Un-audited) December 31, 2024 (Audited)

Lending

Credit loss

Lending

Credit loss

8.1 Lendings To Financial Institutions - allowance held allowance held

particulars of credit loss allowance Domestic

-------------------------------- Rupees in '000 --------------------------------