Delivering highest total returns in Asia-Pacific: Banks based in Pakistan account for 6 of top 10 positions: S&P

Smaller Pakistani banks posted some of the best total returns to investors across the Asia-Pacific region in 2025, buoyed by a strong rally in local equity markets and improving macroeconomic indicators, according to an analysis by S&P Global Market Intelligence. The S&P Global Market Intelligence in its report mentioned that the Bank of Punjab emerged as one of the top-performing banks in the region, posting total returns of 333.8percent in 2025. This placed it among Asia-Pacific banks with a market capitalisation exceeding USD100 million tracked by S&P Global. The National Bank of Pakistan (NBP) ranked second, generating 301.3percent total returns for investors during the year. Askari Bank Ltd. and The Bank of Khyber followed, recording gains of 194.2percent and 177.4percent, respectively.