LAHORE – Soneri Bank Limited posted a pre-tax profit of Rs 679.60 million for the first quarter of 2012. Presiding the Board meeting held earlier this week, the Chairman, Alauddin Feerasta expressed satisfaction on the Bank’s performance during the period and mentioned that the Bank has entered in its 20th year of operations with sound footing and is poised to grow at an even faster pace, says a press release.

The first quarter net mark-up income after provisions jumped up by 63.26pc and amounted to Rs. 1,109.93 million as compared to Rs. 679.85 million generated during the first quarter of 2011