Equity Analysis /

SOUTH ASIA BANKS: Bottom-up value amid top-down stress

    Rohit Kumar
    Rohit Kumar

    Global Financials/Thematics

    Tellimer Research
    29 July 2018
    Published byTellimer Research
    We see value in Pakistan and Bangladesh banks. We believe the YTD sell-off in South Asia financials has more to do with macro concerns and less to do with the bottom-up stories. HBL, BRAC and HNB are our top picks in the region.