KARACHI: Four Pakistani banks ranked as the best among the top 10 Asia Pacific lenders in 2024, reported S&P Global Intelligence on Wednesday.

“Pakistani banks dominated a ranking of Asia-Pacific lenders with the best-performing stocks in 2024, as several banks based in the region’s developing economies performed better on the metric of total returns than those in traditional powerhouse nations,” said the S&P report.

Four Pakistan-based lenders, led by United Bank Ltd (UBL), made the top 10, according to S&P Global Market Intelligence data. UBL, which has a market capitalisation of $1.68 billion, recorded a total stock return of........

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