It is a broadly described annual report of Meezan Bank Limited in the year of 2011. During the financial year, The Bank’s Total assets stood at Rs. 200,550,394 million against Rs. 154,752,425 million for the previous year. Total deposits at 31st December 2011 crossed Rs. 170 billion compared to Rs. 130 billion for 2010, an increase of 30%, compared to the banking industry average of 14.6%. The share capital of the Bank was Rs. 8,029,933 million. The Bank’s profit before taxation is Rs. 4,356,300 million for the year ended 2011. 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. 2.05 to Rs. 4.22 per share on enhanced capital of Rs. 8 billion, reflecting an increase of 105%.
The Board of Directors of the Bank has recommended the issue of @12.5% Bonus Shares (2010: 15%) for the year ended 2011. This will increase the Bank’s paid-up capital to Rs. 9 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
