Annual Report 2017 of Trust Investment Bank Limited

It is a broadly described annual report of Trust Investment Bank Limited in the year of 2017. During the financial year, Total assets of the Bank stood at Rs. 4,386,573,502 billion as against at Rs. 4,363,297,596 billion. Total liabilities declined from Rs. 2,495.53 million to Rs. 2,349.18 million. The Share capital of the Bank stood at Rs. 1,383,982,139 billion. Total revenue of the Bank decreased to Rs. 45 million as against Rs. 59 million at 30^th June 2016. During the year, Operating profit/(loss) before provisions and taxation of the bank Rs. 57,064,282 million. The Bank posted Profit before tax for the year has been increased from Rs. 20.38 million to Rs. 58.49 million and profit after tax for the year has been increased to Rs. 56.91 million. TIBL’s basic and diluted earnings per share up by 30.83% to Rs. 0.60 and 46.22% to Rs. 0.60 respectively.

The Board of Directors of the Bank has not recommended any cash dividend and stock dividend for the year ended 30^th June 2017.

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