Annual Report 2010 of United Bank Limited

It is a broadly described annual report of United Bank Limited in the year of 2010. During the financial year, The Bank’s Total assets of stood at Rs. 698,784,979 million. The total deposits of the Bank stood at Rs. 550,645,767 million. The share capital of the Bank stood at Rs. 12,241,798 million for the year 2010. The Bank’s Profit before taxation Rs. 17,742,218 million. Profit after taxation for the year Rs. 11,159,930 million. Earnings per share (EPS) Basic/Diluted Rs. 9.12.

The Board of Directors of the Bank has recommended a cash dividend of Rs. 4/- per share i.e. @40% and a bonus share issue of Nil for the year ended 31^st December 2010, bringing the total cash dividend for the year 2010 to @50%.

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