It is a broadly described annual report of Summit Bank Limited in the year of 2008. Summit Bank Limited was formerly known as Arif Habib Bank Limited and changed its name to Summit Bank in August 2010. During the financial year, Total Assets of the Bank stood at Rs. 24,802,817 billion compared to Rs. 18,120,786 billion in 2007. Deposits and other accounts of the Bank Rs. 16,616,466 billion. The Share capital of the Bank stood at Rs. 5,000,000 billion. The Bank incurred a loss before tax of Rs. 347.3 million as compared to a profit before tax of Rs. 326.9 in the preceding year. The Bank posted a loss after tax of Rs. 191.4 million during the year as against profit after tax of Rs. 230.165 million for the previous year. The equity of the Bank stood at Rs. 6.133 billion as at end 2008, a decrease of 3.03% over the previous year. Basic and diluted (loss)/earnings per share (EPS) Rs. (0.38).
The paid-up capital and CAR of the Bank stands at Rs. 6.315 billion and 21.76% of its risk-weighted exposure as at 31st December 2008.
More Annual Report of Summit Bank Limited:
- Annual Report 2006 of Summit Bank Limited
- Annual Report 2007 of Summit Bank Limited
- Annual Report 2008 of Summit Bank Limited
- Annual Report (Financial Statements) 2009 of Summit Bank Limited
- Annual Report 2010 of Summit Bank Limited
- Annual Report 2011 of Summit Bank Limited
- Annual Report 2012 of Summit Bank Limited
- Annual Report 2013 of Summit Bank Limited
- Annual Report 2014 of Summit Bank Limited
- Annual Report 2015 of Summit Bank Limited
- Annual Report 2016 of Summit Bank Limited
- Annual Report 2017 of Summit Bank Limited
