It is a broadly described annual report of MCB Bank Limited in the year of 2011. During the financial year, The Bank’s Total Assets stood at Rs. 653,233 million increased by 15%. The Bank’s Deposits increased to Rs. 491 billion with 16% increase in saving, 11% in current and 14% in fixed deposits. Total non–mark– up/interest income of the Bank was Rs. 6,265,306 million. Total income was Rs. 52,639 million. Operating profit before tax and provision was Rs. 35,651 million. Profit before tax was Rs. 31,483 million increased by 20%. Profit after taxation for the year was Rs. 19,425 million increased by 15%. Shareholders’ Equity increased to Rs. 79 billion. The earnings per share (EPS) increased to Rs. 23.23 in 2011 as compared to Rs. 20.18 in 2010.
The Board of Directors of the Bank has recommended a final cash dividend @30% and bonus shares @10% for the year ended 31st December 2011. This is in addition to 90% interim cash dividend announced during the year.
More Annual Report of MCB Bank Limited:
- Annual Report 2005 of MCB Bank Limited
- Annual Report 2006 of MCB Bank Limited
- Annual Report 2007 of MCB Bank Limited
- Annual Report 2008 of MCB Bank Limited
- Annual Report 2009 of MCB Bank Limited
- Annual Report 2010 of MCB Bank Limited
- Annual Report 2011 of MCB Bank Limited
- Annual Report 2012 of MCB Bank Limited
- Annual Report 2013 of MCB Bank Limited
- Annual Report 2014 of MCB Bank Limited
- Annual Report 2015 of MCB Bank Limited
- Annual Report 2016 of MCB Bank Limited
- Annual Report 2017 of MCB Bank Limited