Meezan Bank announces financial results for nine months.
Position | Financial report |
KARACHI -- The Board of Directors of Meezan Bank Limited in its meeting, held on October 20, 2020 approved the financial statements of the Bank for the nine months period ended September 30, 2020. The meeting was presided by Mr. Riyadh S.A. A. Edrees - Chairman of the Board, Faisal A. A. A. Al - Nassar - Vice Chairman of the Board was also present. The Bank recorded excellent results for the nine months period ended September 30, 2020 with Profit after tax of Rs 18.1 billion as compared to Rs 10.9 billion in the corresponding period last year - an impressive growth of 65%. The Bank posted profit after tax of Rs 6.4 billion for the third quarter of 2020. The EPS of the Bank on enhanced...
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