Extraordinary General Meeting of Bank of Punjab

General

Karachi, Bank of Punjab informed Pakistan Stock Exchange that an Extraordinary General Meeting of the members of the Bank will be held on October 11, 2021 through video link, to transact, to confirm the minutes of the Annual General Meeting held on March 30, 2021 and to transact any other business with the permission of the Chair.

The Bank of Punjab was constituted pursuant to the Bank Act, in 1989 and it was given the status of Scheduled Bank by the State Bank of Pakistan in 1994. The Bank is engaged in the commercial banking and related services with its Head office located in Lahore. The Bank of Punjab is Public Listed Company, and the license issued to the Bank of Punjab by the State Bank of Pakistan on September 19, 1994. The Punjab Modaraba Services Private Limited is a wholly owned subsidiary of The Bank of Punjab.

The number of shares the company has introduced are 2,643,692,380. The Earnings per share is 2.63 in 2020 which was 3.12 in 2019. Their Profit after Taxation is 6,943,739,000 in 2020 which was 8,248,529,000 in 2019.