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Soneri Bank announces Rs1.88b profit 

  • March 30, 2017

KARACHI: The annual financial statements of Soneri Bank Limited for a year finished Dec 31, 2016 were authorized by a shareholders in a 25th AGM on Mar 28. The assembly was chaired by Chairman Alauddin Feerasta. The bank announced Rs1.88 billion after-tax distinction for a year finished Dec 31, 2016. The shareholders also authorized a money division of Rs1.25 per share, that was endorsed by a house of directors in a assembly hold on Feb 15, 2017. Speaking on a occasion, a authority highlighted that 2016 was a year when a bank finished a 25 years of operations and was station high and on march to accommodate vital objectives. Deposits grew 13.83% over 2015 and net advances available a expansion of 11.88%. The bank’s net resources (including surplus) amounted to Rs18.29 billion as of Dec 31, 2016.

Published in The Express Tribune, Mar 30th, 2017.

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Article source: https://tribune.com.pk/story/1369113/soneri-bank-announces-rs1-88b-profit/

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