Annual Report (Financial Statements) 2008 of United Bank Limited

It is a broadly described annual report (financial statements) of United Bank Limited in the year of 2008. During the financial year, The Bank’s Total Assets reported stood at Rs. 605,072,482 million. Deposits of the Bank stood at Rs. 483,560,062 million. The share capital of the Bank stood at Rs. 10,117,188 million for the year 2008. The Bank’s Profit before taxation Rs. 13,874,424 million. Profit after taxation for the year Rs. 8,333,120 million. Earnings per share (EPS) Basic/Diluted Rs. 8.24.

The Board of Directors of the Bank has not recommended any cash dividend and do not announce any bonus issue during the year ended 31^st December 2008.

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