Bank Makramah Limited (BML) has released its Quarterly Report for the period ended March 31, 2026, highlighting the bank’s continued commitment to financial stability, operational efficiency, and customer-focused banking solutions despite a challenging economic environment.
Strengthening Financial Foundations
During the first quarter of 2026, BML maintained a strong balance sheet with total assets of PKR 203.3 billion and customer deposits of PKR 158.8 billion. Shareholders’ equity increased to PKR 26.4 billion, reflecting the bank’s ongoing efforts to strengthen its capital position and support long-term growth.
The bank’s investment portfolio stood at PKR 83.8 billion, while net advances reached PKR 26.3 billion. These figures demonstrate BML’s disciplined approach to asset management and prudent risk oversight.
Navigating a Dynamic Economic Landscape
The banking sector operated in a complex economic environment during the quarter. Geopolitical tensions, fluctuations in global energy markets, and evolving monetary conditions continued to influence financial markets and business activity.
Despite these challenges, Pakistan’s economy showed encouraging signs of resilience. Improved fiscal discipline, sustained remittance inflows, and a manageable current account position provided support to broader economic stability. The State Bank of Pakistan maintained the policy rate at 10.5%, creating a relatively stable monetary environment for financial institutions.
Focus on High-Quality Deposits
BML remained committed to strengthening its deposit base through a focus on low-cost and non-remunerative deposits. The bank achieved an impressive CASA ratio of 92.11%, highlighting its success in attracting stable and cost-effective funding sources.
This strategy contributed to a reduction in the average cost of deposits and positioned the bank to better manage interest rate fluctuations while maintaining competitive banking services for customers.
Operational Efficiency and Risk Management
The bank continued to exercise strong cost discipline and operational efficiency. While operating expenses increased in line with business requirements and inflationary pressures, management maintained close control over expenditure through ongoing cost optimization initiatives.
BML also reported improvements in asset quality indicators. The gross non-performing loan ratio declined compared to the previous quarter, while coverage levels improved, reflecting the bank’s proactive approach to credit risk management and recovery efforts.
Strategic Capital Enhancement
A significant milestone during the quarter was the successful settlement of outstanding subordinated Term Finance Certificates (TFCs) through the issuance of ordinary shares following the required regulatory approvals. This strategic transaction enhanced the bank’s capital structure and further strengthened its financial position.
Commitment to Innovation and Customer Value
Guided by its purpose of delivering progressive and advanced banking solutions in Pakistan, BML continues to invest in innovation, customer service, and Shariah-compliant financial offerings. The bank’s vision remains focused on becoming a leading financial services provider by combining technology, ethical banking practices, and customer-centric solutions.
Through its nationwide branch network and expanding banking capabilities, BML aims to create long-term value for customers, shareholders, employees, and the communities it serves.
Looking Ahead
As Pakistan’s economic outlook gradually improves, Bank Makramah remains optimistic about future opportunities. Supported by stronger macroeconomic fundamentals, ongoing reforms, and prudent management practices, the bank is well-positioned to pursue sustainable growth while maintaining its commitment to transparency, innovation, and financial inclusion.
With a clear strategic direction and a focus on operational excellence, BML continues its journey toward building a stronger and more resilient banking institution for the future.
