KARACHI (PR) – In the 21stAnnual General Meeting, the shareholders approved the Bank’s annual financial results for the year 2012. Profit before tax of Rs 5.04 billion was registered, with the increased deposit base amounting to more than Rs 217 billion, while a cash dividend of 20 per cent (Rs. 2 per share) was announced.
20 new branches were added to the branch network during the year 2012, enhancing the Bank’s branch outreach to 183 branches spanning 28 cities Pakistan-wide.
Habib Metro continued to fortify its trade finance expertise, as PACRA awarded the premier AA+ and A1+ credit ratings to the Bank for the 12th consecutive year.