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Islamic Finance Briefing - Categorized | Banking, Performance more

Meezan profits up 61pct

Posted on 09 May 2011

Meezan Bank, Pakistan’s largest Islamic bank, has reported a 61% growth in its pre-tax profit for the quarter ending March 31, 2011. Meezan earned net profit of PRs586m ($6.9m) with earnings per share of PRs0.73 against a net profit of PRs364m ($4.3m) and EPS of PRs0.45 for the corresponding period in 2010.
The bank ratified the 15% bonus to shareholders it announced at it recent AGM and declared paid up capital of PRs8bn………………………………………Full Article: Source

 
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