It is a broadly described annual report of Meezan Bank Limited in the year of 2016. During the financial year, The Bank’s Total assets grew by 24% to reach Rs. 658 billion ($6.3 billion) as at 31st December 2016 as compared to Rs. 532 billion as at 31st December 2015. The Bank’s total deposits as of 31st December 2016 stood at Rs. 564 billion, increasing 19.5% over 2015. The Bank’s profit before taxation is Rs. 8,942,836 billion for the year ended 2016. The Bank posted the profit after tax of Rs. 5.56 billion as compared to Rs. 5.02 billion, an increase of 11% over the previous year. The Earning per Share (EPS) increased from Rs. 5.01 to Rs. 5.55 per share, reflecting an increase of 11%.
The Board of Directors of the Bank has recommended the final cash dividend of Rs. 1.25/- per share (@12.5%) for the year ended 2016.
More Annual Report of Meezan Bank Limited:
- Annual Report 2003 of Meezan Bank Limited
- Annual Report 2004 of Meezan Bank Limited
- Annual Report 2005 of Meezan Bank Limited
- Annual Report 2006 of Meezan Bank Limited
- Annual Report 2007 of Meezan Bank Limited
- Annual Report 2008 of Meezan Bank Limited
- Annual Report 2009 of Meezan Bank Limited
- Annual Report 2010 of Meezan Bank Limited
- Annual Report 2011 of Meezan Bank Limited
- Annual Report 2012 of Meezan Bank Limited
- Annual Report 2013 of Meezan Bank Limited
- Annual Report 2014 of Meezan Bank Limited
- Annual Report 2015 of Meezan Bank Limited
- Annual Report 2016 of Meezan Bank Limited
- Annual Report 2017 of Meezan Bank Limited
