It is a broadly described annual report of Meezan Bank Limited in the year of 2010. During the financial year, The Bank’s Total assets stood at Rs. 154,752,425 million against Rs. 124,169,096 million for the previous year. Total deposits at 31st December 2010 crossed Rs. 130 billion compared to Rs. 100 billion for 2009, an increase of 30%, compared to the banking industry average of 18.5%. The share capital of the Bank was Rs. 6,982,550 million. The Bank’s profit before taxation is Rs. 2,126,960 million for the year ended 2010. The net profit after tax is up 61% from Rs. 1,025 million to Rs. 1,650 million. The Earning per Share (EPS) increased from Rs. 1.62 to Rs. 2.36 per share, reflecting an increase of 46%.
The Board of Directors of the Bank has approved of @15% Bonus Shares payout (2009: 5%) for 2010 continuing the Bank’s unbroken payout record since the Bank’s date of listing on the Stock Exchange. This will increase the Bank’s paid up capital to Rs. 8 billion.
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
