Annual Report 2015 of Askari Commercial Bank Limited

It is a broadly described annual report of Askari Commercial Bank Limited in the year of 2015. During the financial year, The Bank’s Total assets stood at Rs. 535,866,714 million (2014: Rs. 447,082,545 million). The Deposits of the Bank was Rs. 433,172,205 million (2014: Rs. 387,586,620 million). The share capital of the Bank was Rs. 12,602,602 million. During the year, the Bank posted a profit before tax of Rs. 8.43 billion remained 46% higher than last year; while profit after tax of Rs. 5.04 billion against Rs. 4.01 billion last year, recorded a growth of 26%. The EPS of the Bank for the year 2015 was recorded at Rs. 4.0 against Rs. 3.19 of the corresponding period, last year.

The Board of Directors of the Bank has recommended a final cash dividend of Rs. 1.25 per share (i.e.@12.50%), making the total cash dividend of Rs. 2.25 per share (i.e. 22.25%) for the year ended 31^st December 2015.

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