It is a broadly described annual report of KASB Bank Limited in the year of 2007. During the financial year, The Bank’s Total assets stood at Rs. 40,890,572 million (2006: Rs. 26,538 million, an increase of 54%). Deposits increased to Rs. 33,131,773 million (2006: Rs. 21,275 million, an increase of 56%). The Share capital of the Bank was Rs. 3,106,978 million. The Bank’s Profit before taxation at Rs. 65,562 million. Profit after taxation for the year at Rs. 197,693 million. Basic/Diluted earnings per share (EPS) were Rs. 0.90.
The paid-up capital of the bank as at 31st December 2007 amounts to Rs. 3,106.978 million and the bank has accumulated losses of R. 7,497 million.
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