The Annual General Meeting of Bank AL Habib was held at its registered office in Multan on March 27, 2008, says a press release. The shareholders approved the Annual Accounts and Consolidated Accounts of the Bank for the year ended December 31, 2007. They also approved the payment of 15 percent Cash Dividend (Final) and the issue of 30 percent Bonus Shares.
Deposits of the Bank as on December 31, 2007 were Rs114.8 billion ie an increase of Rs23.4 billion over the last year, and its Profit before tax was Rs3.052 billion, the release said.
At present, the Bank has a branch network of 182 branches spread across 48 cities and towns of Pakistan in addition to a Wholesale Branch in the Kingdom of Bahrain. All domestic branches of the Bank are providing full range of banking services to its customers including Online Banking, Tele-banking, ATM/Debit Cards, Consumer Banking, etc.-PR