Earnings Announcement: Sindh Bank pleased with growth
Total deposits soared to Rs84.264 billion as compared to Rs61.884 billion as on December 31, 2014
KARACHI:
A meeting of the Board of Directors of Sindh Bank was held at the Bank’s Head Office in which unaudited accounts for the nine month ended September 30, 2015 were approved. The Board noted with satisfaction the impressive growth recorded by the Bank in all key performance areas. Total deposits soared to Rs84.264 billion as compared to Rs61.884 billion as on December 31, 2014. Number of accounts stood at more than 337,000, against nearly 166,000s on December 31, 2014. Pre-tax profit for the nine months of 2015 stood at Rs1.51 billion as against Rs1.079 billion earned in the corresponding period of 2014.
Published in The Express Tribune, October 22nd, 2015.
A meeting of the Board of Directors of Sindh Bank was held at the Bank’s Head Office in which unaudited accounts for the nine month ended September 30, 2015 were approved. The Board noted with satisfaction the impressive growth recorded by the Bank in all key performance areas. Total deposits soared to Rs84.264 billion as compared to Rs61.884 billion as on December 31, 2014. Number of accounts stood at more than 337,000, against nearly 166,000s on December 31, 2014. Pre-tax profit for the nine months of 2015 stood at Rs1.51 billion as against Rs1.079 billion earned in the corresponding period of 2014.
Published in The Express Tribune, October 22nd, 2015.