Bank posted a net profit ofRs1,390.8 million in 2016, up 13 per
cent from a year ago, a press release said on Thursday.
Deposits increased 41.6pc to stand at Rs119 billion at the end of the last year against Rs84.1 billion at the end of 2015. Gross advances rose 19.9pc to Rs56 billion over the year while the number of customer accounts stood at 418,454, registering an annual increase of 16.9pc.Award for UBL Fund Managers KARACHl: UBL Fund Managers Limited hasreceived the Management Association of Pakistan`s (MAP) Corporate Excellence Award in the Other Financial Services Category for managing the UBL Stock Advantage Fund (Equity Scheme) making them three time winners at the awards, said a press statement on Thursday.
Deposits increased 41.6pc to stand at Rs119 billion at the end of the last year against Rs84.1 billion at the end of 2015. Gross advances rose 19.9pc to Rs56 billion over the year while the number of customer accounts stood at 418,454, registering an annual increase of 16.9pc.Award for UBL Fund Managers KARACHl: UBL Fund Managers Limited hasreceived the Management Association of Pakistan`s (MAP) Corporate Excellence Award in the Other Financial Services Category for managing the UBL Stock Advantage Fund (Equity Scheme) making them three time winners at the awards, said a press statement on Thursday.
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