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Islamic Finance Briefing - Categorized | Banking, Performance more

Meezan Bank’s profit-after-tax grows by 16pct

Posted on 17 October 2012

Meezan Bank has recorded 16% growth in its profit-after-tax which increased to Rs. 2,663 million for the nine months ended September 30, 2012 as compared to Rs. 2,292 million earned in the corresponding period last year. Earnings per share of the Bank was recorded at Rs. 2.95 (September 2011: Rs. 2.54) on enhanced share capital of Rs. 9 billion.
The Bank achieved growth in all business segments and consolidated its position as the leading Islamic bank of Pakistan. The Board of Directors of Meezan Bank, in its meeting held in Dubai, U.A.E on October 11, 2012 approved the financial statements of the Bank for the nine months ended September 30, 2012………………………………………..Full Article: Source

 
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