Annual Report 2015 of United Bank of Pakistan Limited

It is a broadly described annual report of United Bank of Pakistan Limited in the year of 2015. During the financial year, Total Assets of the Bank stood at Rs. 1,400,650,843 billion as against at Rs. 1,111,414,107 billion in last year. Deposits and other accounts of the Bank stood at Rs. 1,051,235,170 billion. The Share capital of the Bank Stood at Rs. 12,241,798 billion. UBL recorded profit before tax (PBT) of Rs. 42.17 billion, registering a 26% growth in PBT (2014: Rs. 33.40 billion). During the year under review, United Bank Limited (UBL) recorded profit after tax of Rs. 25.73 billion, a growth of 17% over the previous year (2014: Rs. 21.93 billion). Earnings per share (EPS) stood at Rs. 21.02 (2014: Rs. 17.91). On a consolidated basis, UBL posted profit after tax of Rs. 27.01 billion with a growth of 12% over 2014.

The Board of Directors of the Bank has recommended a final cash dividend of Rs. 4/- per share i.e. @40% for the year ended 31^st December 2015, bringing the total cash dividend for the year 2015 to 130%.

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