Dividends decided : Bank Al Habib announces payout

Shareholders approved annual accounts for the year ended December 31, 2013, during the meeting of Bank Al Habib.

KARACHI: Shareholders approved annual accounts for the year ended December 31, 2013, during the annual general meeting of Bank Al Habib. The meeting was held at its registered office in Multan on March 25, 2014. The key feature of the meeting was that the payment of 20% cash dividend, while the issue of 10% bonus share was approved. As of December 31, 2013 deposits of the bank stood at Rs 386.161 billion and profit after tax was Rs 5.155 billion.

Published in The Express Tribune, March 27^th, 2014.

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