Bank Al Habib

Profit after tax for the year was recorded at Rs8.42 billion against Rs8.50 billion last year

Bank has deployed advance security monitoring applications for the confidentiality and safety of their data

The bank declared a pre-tax profit of Rs7.08 billion for the half year

A significant achievement for the bank during the half year was impressive increase in the financing portfolio

rade finance is the bank’s hallmark yet the bank is building alternative revenue streams

Earnings per share stood at Rs2.07 in the under review quarter

The shareholders approved the annual accounts for the year ended December 31

The above entitlement will be paid to the shareholders

The bank also has representative offices in Dubai, Turkey and China

Loan up to 90% of deposit amount is also offered

Increase in administrative expenses dented its profitability in 2016, offsetting the increase in income

The shareholders approved annual accounts for the year ended December 31, 2015

Features include easy procedure, quick processing, low mark-up, insurance rates and partial payment options

The bank also has representative offices in Dubai, Turkey and China

The minimum deposit amount is Rs25,000