Annual Report 2013 of Askari Commercial Bank Limited

It is a broadly described annual report of Askari Commercial Bank Limited in the year of 2013. During the financial year, The Bank’s Total assets stood at Rs. 394,827,495 million (2012: Rs. 353,025,232 million). The Deposits of the Bank was Rs. 335,241,027 million (2012: Rs. 306,937,216 million). The share capital of the Bank was Rs. 12,602,602 million. The Bank’s profit/(loss) after tax stood at Rs. 5,479,895 million for the year ended 31^st December 2013, while profit/(loss) before tax at Rs. 8,440,503 million. The EPS of the Bank for the year 2013 was recorded at Rs. 6.32 against Rs. 1.55 of the corresponding period, last year.

The Authorized Share Capital from an amount of PKR 13,000,000,000 (Pak Rupees Thirteen Billion only) divided into 1,300,000,000 ordinary shares of PKR 10 each to an amount of PKR 16,000,000,000 (Pak Rupees Sixteen Billion only) divided into 1,600,000,000 ordinary shares of PKR 10 each.

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