Annual Report 2011 of Samba Bank Limited

It is a broadly described annual report of Samba Bank Limited in the year of 2011. During the financial year, Total Assets of the Bank stood at Rs. 31,330,972 billion as against at Rs. 30,511,120 billion in last year. During 2011, the bank registered a growth in deposits to Rs. 17.67 billion, 19% over 2010. The Share capital of the Bank Stood at Rs. 14,334,734 billion. Net markup income of the bank registered an increase of Rs. 374 million or 36% over 2010. During the year under review, the bank recorded profit after tax of Rs. 236.5 million against a loss of Rs. 119.6 million for 2010. The Profit after tax for the year ended 2011 improved by Rs. 356 million or 300% over 2010. The Earnings per share of the bank for the year ended 2011 is Rs. 0.16 per share, showing improvement of 2.6 times from last year’s loss per share of Rs. 0.10.

The paid-up capital (net of losses) of the bank stood at Rs. 8.082 billion which is in compliance with the SBP requirement for 31^st December 2011 of Rs. 8 billion.

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