KARACHI - Muslim Commercial Bank has announced an interim dividend of Rs 3/sh for the quarter ended on September 30, 2012 while posting outstanding results with 5pc increase in profit before tax of Rs 25.459 billion and 7PC increase in profit after tax of Rs 16.673 billion, says a press release.The Board of Directors under the chairmanship of Mian Mohammad Mansha reviewed the performance of the Bank and approved the financial statements for the nine months ended September 30, 2012.Financial position of the Bank strengthened with Rs 108 billion rise in asset base over December 2011 and was reported at Rs 761.282 billion as on September 30, 2012. Net investments increased by Rs 98.6 billion to Rs 415.212 billion whereas gross advances also increased by 1pc to Rs 250.722 billion. Earnings per share (EPS) for the period increased to Rs 18.13 compared to Rs 16.87 for September 30, 2011. Return on assets and return on equity were recorded at 3.14pc and 26.87pc respectively and book value per share improved to 94.07.The infection ratio improved to 10.4pc as compared to 10.75pc in December 2011 while deposits increased by Rs 50.4 billion to Rs 541.613 billion, with 18pc growth in savings accounts, 11pc increase in current accounts and 9pc decrease in term deposits. This improved the CASA ratio to 84pc as compared to 81pc as of December 31, 2011. Net markup income of the Bank was reported at Rs 31.241 billion whereas non-markup income increased by 14pc to Rs. 6.935 billion. Administrative expenses (before pension fund reversal) witnessed a controlled increase of 6pc over the corresponding period last year. Due to effective risk management policies adopted by the Bank, the provisioning charge significantly decreased by 98pc to Rs. 54 million.