ISLAMABAD – The 63rd Annual General Meeting of MCB’s shareholders, under the chairmanship of Aftab Ahmad Khan, was held at Islamabad to transact ordinary and special business of the Bank.
The chairman informed members that MCB had completed another remarkable year in terms of financial performance and had posted a profit before tax of Rs 26 billion, with a rise of 13 percent from 2009 and a profit after tax of Rs 17 billion, with an increase of nine percent from last year.
Net interest income of the Bank increased by 1.1 billion over 2009, whereas non fund based income registered a growth of 11 percent and was reported at Rs 6.2 billion.
