Annual Report 2009 of United Bank Limited

It is a broadly described annual report of United Bank Limited in the year of 2009. During the financial year, The Bank’s total financing portfolio reached PKR 1,152.52 million as of 31^st December 2009 compared to PKR 1,211.83 million in December 2008. Total assets of the Bank stood at PKR 640,449,529 million. The total deposits of the Bank reached to PKR 2,208.418 million as at 31^st December 2009 compared to PKR 1,992.257 million last year, showing a growth of 10.85%. The share capital of the Bank stood at PKR 11,128,907 million for the year 2009. The Bank’s Profit before taxation PKR 14,392,181 million. Profit after taxation for the year PKR 9,487,952million. Earnings per share (EPS) Basic/Diluted Rs. 8.56.

The Board of Directors of the Bank has recommended a cash dividend of Rs. 2.50/- per share i.e. @25% and bonus issue of @10% for the year ended 31^st December 2009.

More Annual Report (Financial Statements) of United Bank Limited: