Annual Report (Financial Statements) 2015 of United Bank Limited

It is a broadly described annual report (Financial Statements) of United Bank Limited in the year of 2015. During the financial year, The Bank’s Total assets of stood at Rs. 1,400,650,843 million. The total deposits of the Bank stood at Rs. 1,051,235,170 million. The share capital of the Bank stood at Rs. 12,241,798 million for the year 2015. The Bank’s Profit before taxation Rs. 42,174,685 million, registering a 26% growth in PBT (2014:Rs. 33.40 billion). Profit after taxation for the year Rs. 25,727,149 million with a growth of 12% over 2014. Earnings per share (EPS) Basic/Diluted stood at Rs. 21.02 (2014: Rs. 17.91).

The Board of Directors of the Bank has recommended a final cash dividend of Rs. 4/- per share i.e. 40% for the year ended 31^st December 2015, bringing the total cash dividend for the year 2015 to @130%.

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