May 06, 2016 1:36 AM ET

Banks

Company Overview of Meezan Bank Limited

Company Overview

Meezan Bank Limited, an Islamic bank, provides corporate, commercial, consumer, investment, and retail banking services. The company operates through Corporate Finance, Trading and Sales, Retail Banking, Corporate and Commercial Banking, Agency Services, and Payment and Settlement segments. The Corporate Finance segment provides investment banking, syndications, IPO related services, secondary private placements, underwriting, and securitization services. The Trading and Sales segment is involved in equity, foreign exchanges, and commodities, as well as securities and placements activities. The Retail Banking segment offers retail financings, deposits, and banking services to retail customer...

Meezan House

C-25 Estate Avenue

SITE

Karachi,  

Pakistan

Founded in 1997

6,005 Employees

Phone:

92 21 3810 3500

Fax:

92 21 3640 6049

Key Executives for Meezan Bank Limited

Meezan Bank Limited does not have any Key Executives recorded.

Meezan Bank Limited Key Developments

Meezan Bank Limited Recommends Final Cash Dividend for the Year Ended December 31, 2015; Announces Earnings Results for the Year Ended December 31, 2015

The Board of Meezan Bank Limited recommended final cash dividend of PKR 1.25 per share (12.5%) for the year ended December 31, 2015 at its meeting held on February 22, 2015. The dividend will be paid to the shareholders whose names will appear in the register of members on March 21, 2016. The company announced earnings results for the year ended December 31, 2015. For the period, the company reported profit earned on Islamic financings, investments and placements of PKR 33,113,741,000 against PKR 28,803,059,000 a year ago. Profit before taxation was PKR 8,451,253,000 against PKR 6,898,534,000 a year ago. Basic and diluted per share was PKR 5.01 against PKR 4.56 a year ago. Net spread earned was PKR 18,216,592,000 against PKR 13,362,809,000 a year ago. Profit after taxation was PKR 5,022,509,000 against PKR 4,570,086,000 a year ago.

Meezan Bank Limited, Annual General Meeting, Mar 29, 2016

Meezan Bank Limited, Annual General Meeting, Mar 29, 2016, at 09:00 Pakistan Standard Time. Location: Meezan House C-25 Estate Avenue, Site Karachi Pakistan

Meezan Bank Limited to Report Fiscal Year 2015 Results on Feb 22, 2016

Meezan Bank Limited announced that they will report fiscal year 2015 results on Feb 22, 2016

Similar Private Companies By Industry

Company Name Region
Dubai Islamic Bank Pakistan Limited Middle East/Africa
Tameer Microfinance Bank Limited Middle East/Africa
Al Baraka Bank (Pakistan) Limited Middle East/Africa
Deutsche Bank AG, Pakistan Middle East/Africa
SME Bank Ltd. Middle East/Africa

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
June 26, 2015
HSBC Bank Oman S.A.O.G., Banking Business in Pakistan
 

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