Sindh Bank board of directors meets
Gross advances amounted to Rs43.074 billion as on June 30, 2015
KARACHI:
A meeting of Sindh Bank Limited Board of Directors was held at the Bank’s Head Office in which unaudited accounts for the half year ended June 30, 2015 were approved. The Board noted that during the period the Bank recorded significant growth in all the key performance areas. Total deposits increased by 33.7% to Rs82.763 billion, whereas number of customer accounts stood at over 251,000. Gross advances amounted to Rs43.074 billion as on June 30, 2015. Investment comprising mainly government securities stood at Rs7.034 billion and pre-tax profit for the period stood at Rs1,017 million.
Published in The Express Tribune, August 27th, 2015.
A meeting of Sindh Bank Limited Board of Directors was held at the Bank’s Head Office in which unaudited accounts for the half year ended June 30, 2015 were approved. The Board noted that during the period the Bank recorded significant growth in all the key performance areas. Total deposits increased by 33.7% to Rs82.763 billion, whereas number of customer accounts stood at over 251,000. Gross advances amounted to Rs43.074 billion as on June 30, 2015. Investment comprising mainly government securities stood at Rs7.034 billion and pre-tax profit for the period stood at Rs1,017 million.
Published in The Express Tribune, August 27th, 2015.