It is a broadly described annual report of Meezan Bank Limited in the year of 2006. During the financial year, The Bank’s Total assets stood at Rs. 46,438,623 million against Rs. 30,675,822 million for the previous year. Deposits of the Bank at Rs. 34,449,441 million against at Rs. 22,769,262 million. The share capital of the Bank was Rs. 3,779,897 million. The Bank’s profit before taxation is Rs. 780,023 million for the year ended 2006. The Bank earned a profit after tax increasing from Rs. 419 million in 2005 to Rs. 604 million in 2006, an increase of 44%. Earnings per share (EPS) basic/diluted for the year Rs. 1.88. The Share Capital of the Bank increased by 85% from Rs. 2,037 million to Rs. 3,780 million through a combination of Right and Bonus issues.
The Board of Directors of the Bank has declared interim @10% Stock Dividend (2005: @16%) continuing its unbroken payout record since the date of listing on the stock exchange. Further, the bank has issued @50% Rights Issue at par to the shareholders for the year ended 2006.
More Annual Report of Meezan Bank Limited:
- Annual Report 2003 of Meezan Bank Limited
- Annual Report 2004 of Meezan Bank Limited
- Annual Report 2005 of Meezan Bank Limited
- Annual Report 2006 of Meezan Bank Limited
- Annual Report 2007 of Meezan Bank Limited
- Annual Report 2008 of Meezan Bank Limited
- Annual Report 2009 of Meezan Bank Limited
- Annual Report 2010 of Meezan Bank Limited
- Annual Report 2011 of Meezan Bank Limited
- Annual Report 2012 of Meezan Bank Limited
- Annual Report 2013 of Meezan Bank Limited
- Annual Report 2014 of Meezan Bank Limited
- Annual Report 2015 of Meezan Bank Limited
- Annual Report 2016 of Meezan Bank Limited
- Annual Report 2017 of Meezan Bank Limited
