It is a broadly described annual report of MCB Bank Limited in the year of 2016. During the financial year, The Bank’s Total Assets stood at Rs. 1,051.81 billion presenting an increase of 4.72% over 2015. Deposits have posted Rs. 84 billion during 2016 showing increase of 12% over December 2015. Total income of the Bank was Rs. 59,989 billion. Operating profit before tax and provision was Rs. 36,999 billion. MCB Bank reported Profit after tax of the Bank closed at Rs. 21.9 billion registering a decrease of 14% over last year while Profit before tax has decreased to Rs. 36.1 billion decreased by 15% as compared to profit reported in 2016. The paid-up capital of MCB for the year ended 31st December 2016 stands at Rs. 11,130 Billion. Earnings per share (after tax) were Rs. 19.67.
The Board of Directors of the Bank has recommended a final cash dividend of Rs. 4.0/- per share for the year ended 31st December 2016 which is in addition to Rs. 12.0/- per share interim dividends already paid to shareholders, taking the dividend payout ratio to 81.34%.
More Annual Report of MCB Bank Limited:
- Annual Report 2005 of MCB Bank Limited
- Annual Report 2006 of MCB Bank Limited
- Annual Report 2007 of MCB Bank Limited
- Annual Report 2008 of MCB Bank Limited
- Annual Report 2009 of MCB Bank Limited
- Annual Report 2010 of MCB Bank Limited
- Annual Report 2011 of MCB Bank Limited
- Annual Report 2012 of MCB Bank Limited
- Annual Report 2013 of MCB Bank Limited
- Annual Report 2014 of MCB Bank Limited
- Annual Report 2015 of MCB Bank Limited
- Annual Report 2016 of MCB Bank Limited
- Annual Report 2017 of MCB Bank Limited
