Annual Report (Financial Statements) 2012 of United Bank Limited

It is a broadly described annual report (Financial Statements) of United Bank Limited in the year of 2012. During the financial year, The Bank’s Total assets of stood at Rs. 894,398,652 million. The total deposits of the Bank stood at Rs. 699,935,518 million. The share capital of the Bank stood at Rs. 12,241,798 million for the year 2012. The Bank’s Profit before taxation Rs. 27,028,927 million. Profit after taxation for the year Rs. 18,006,728 million. Earnings per share (EPS) Basic/Diluted Rs. 14.71.

The Board of Directors of the Bank has recommended a final cash dividend of Rs. 3.5/- per share i.e. @35% and a bonus share issue of Nil for the year ended 31^st December 2012, bringing the total cash dividend for the year 2012 to @85%.

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