It is a broadly described annual report of Summit Bank Limited in the year of 2017. During the financial year, Total Assets of the Bank stood at Rs. 233,049,936 billion compared as Rs. 215,022,348 billion in 2016. The Bank’s closing deposits stood at Rs. 145.73 billion as against Rs. 142.87 billion as of 31st December 2016 which translates into a growth of 2%. The Share capital of the Bank stood at Rs. 26,381,510 billion. The balance sheet size of the Bank increased by 8.38% with total assets standing to Rs. 233.05 billion at the year-end (31st December 2016: Rs. 215.02 billion). During the year, the Bank registered a significant improvement in results and reduced its loss after tax to Rs. 1,146.44 million as compared to the loss after tax of Rs. 2,174.39 million incurred last year. During the year, net markup income of the Bank increased to Rs. 2,899.89 million as against Rs. 2,773.21 million in FY-2016 reflecting an increase of 4.57%. Basic and diluted (loss)/earnings per share (EPS) Rs. (0.51).
More Annual Report of Summit Bank Limited:
- Annual Report 2006 of Summit Bank Limited
- Annual Report 2007 of Summit Bank Limited
- Annual Report 2008 of Summit Bank Limited
- Annual Report (Financial Statements) 2009 of Summit Bank Limited
- Annual Report 2010 of Summit Bank Limited
- Annual Report 2011 of Summit Bank Limited
- Annual Report 2012 of Summit Bank Limited
- Annual Report 2013 of Summit Bank Limited
- Annual Report 2014 of Summit Bank Limited
- Annual Report 2015 of Summit Bank Limited
- Annual Report 2016 of Summit Bank Limited
- Annual Report 2017 of Summit Bank Limited
