Tue, 21-Oct-2025

Meezan Bank posts over Rs28 billion annual profit

Meezan

KARACHI: The profit after tax of Meezan Bank Limited (MEBL) recorded a growth of 26 per cent to Rs28.23 billion for the year 2021, compared with a profit of Rs22.24 billion in the preceding year. The bank announced the earnings per share (EPS) Rs17.35 for the year ended December 31, 2021, as compared with the … Read more

G&T Group embarks on digital journey

KARACHI: Gani and Tayub (G&T) Group, the country’s leading group with companies across different sectors, including synthetic and rayon and power generation, has embarked on an enterprise level digital journey with the implementation of SAP for all areas of their operations, including banking and finance, a statement said on Thursday. After thorough evaluation, Meezan Bank’s … Read more

Workers Welfare Fund not applicable on mutual, pension schemes: SRB

KARACHI: The Sindh Revenue Board (SRB) has notified Mutual Funds Association of Pakistan (Mufap) that Sindh Workers Welfare Fund (SWWF) at the rate of 2 per cent is not applicable to mutual and pension funds. The net asset values (NAVs) of such funds have got a boost, as the asset management companies have notified the … Read more

Meezan Bank earns Rs12.61 billion half-year profit

KARACHI: The Meezan Bank Limited (MEBL) on Thursday announced Rs12.61 billion as the net profit for the first-half of the calendar year 2021. The net profit registered a growth of 8 per cent during the period under review, compared with Rs11.67 billion in the same half of the last year. The bank also announced Rs8.91 … Read more