Annual Report (Financial Statements) 2011 of United Bank Limited

It is a broadly described annual report (Financial Statements) of United Bank Limited in the year of 2011. During the financial year, The Bank’s Total assets of stood at Rs. 778,059,741 million. The total deposits of the Bank stood at Rs. 612,980,139 million. The share capital of the Bank stood at Rs. 12,241,798 million for the year 2011. The Bank’s Profit before taxation Rs. 24,222,791 million. Profit after taxation for the year Rs. 15,499,663 million. Earnings per share (EPS) Basic/Diluted Rs. 12.66.
The Board of Directors of the Bank has recommended a final cash dividend of As 6.0 per share i.e. @60% and a bonus share issue of Nil for the year ended 31st December 2011, bringing the total cash dividend for the year 2011 to @75%.

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