The bank’s board of directors, in a meeting held recently, approved financial statements for the quarter ended March 31, a press statement said on Monday. Earnings per share (EPS) increased to Rs0.73 as compared to Rs0.45 last year.
A 15 per cent bonus, approved by shareholders in the annual general meeting held in March, enhanced paid-up capital of the bank, which now stands at Rs8 billion, meeting the State Bank of Pakistan’s minimum capital requirement.
Published in The Express Tribune, May 3rd, 2011.
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