Annual Report (Financial Statements) 2009 of Askari Commercial Bank Limited

It is a broadly described annual report of Askari Commercial Bank Limited in the year of 2009. During the financial year, The Bank’s Total assets stood at Rs. 254,327,446 million (2008: Rs. 206,191,138 million). The Deposits of the Bank was Rs. 205,970,227 million (2008: Rs. 167,676,572 million). The share capital of the Bank was Rs. 5,073,467 million. During the year profit before taxation was Rs. 1,642,241 million. Profit after taxation for the year Rs. 1,107,793 million. Earnings per share (EPS) increased from Rs. 0.76 per share of last year to Rs. 2.18 per share for the year 2009.

The Board of Directors of the Bank has proposed @20% bonus shares for the year ended 31^st December 2009.

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