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BankIslami Pakistan (KAR:BIPL) Altman Z-Score


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What is BankIslami Pakistan Altman Z-Score?

The Altman Z-Score is a model designed to predict the likelihood of a company going bankrupt within the next two years. Created by American finance professor Edward Altman in 1968, the model is specifically designed for publicly traded manufacturing companies with assets greater than $1 million.

Altman Z-Score does not apply to banks and insurance companies.


BankIslami Pakistan Business Description

Traded in Other Exchanges
N/A
Address
Marine Drive, Executive Tower, Dolmen City, 11th Floor, Block-4, Clifton, Karachi, SD, PAK
BankIslami Pakistan Ltd provides various commercial banking products and services in Pakistan. The Bank's segments includes Trading and Sales, Retail Banking, and Commercial Banking and Support Centre segment. Majority of the firm's revenue gets derived from the Retail Banking segment, which includes retail Islamic financing and related assets, deposits and banking services offered to its retail customers and small and medium enterprises. The Bank operates only in Pakistan.