Habib Bank becomes first Pakistani bank to cross Rs1 trillion marks in deposits
Karachi, August 10, 2012 (PPI-OT): HBL, Pakistan’s largest banking network, became the first Pakistani bank to cross the Rs.1 trillion marks in deposits. The Bank grew domestic deposits by 18.6% from year end.
HBL announced financial results for the half year ended 30 June 2012 in a meeting of the Board of Directors held on August 10, 2012. After Tax Profit grew by 18.58% to Rs.11.86 billion while Earning Per Share stood at Rs.9.68 as against Rs.9.00 for the corresponding period last year. The Bank declared interim cash dividend of Rs.3.50 per share.
The Bank remains committed to serving all sectors of the economy. It continues to enhance its outreach in rural and remote areas of Pakistan and provide convenient banking services to the unbanked segment of the population.
For more information, contact:
Habib Bank Limited
Habib Bank Plaza
I.I. Chundrigar Road
Phone: 021-32418000 (50 lines)