Aggressive branch expansion where the bank has opened 86 new branches (total branches: 804) since the start of CY20 has enabled BAHL to post unbeatable deposit growth rate of 26.3% YoY, surpassing industry deposit growth by 5.9ppts and PKR 1.0trn mark for the first time in bank’s history in CY20. To add to the attraction, the bank’s gross infection ratio at the end of Sep’20 stood at 1.6%. Moreover, 147.5% of NPLs of the bank stand covered vs. an average of 85% coverage in the banking sector. (BMA Capital Management Ltd.)