Annual general meeting of Meezan Bank Limited to be held on March 28, 2019

Karachi, Meezan Bank Limited informed Pakistan Stock Exchange that annual general meeting of the company is scheduled to be held on March 28, 2019 at Karachi.

The agenda of the meeting will be confirming the minutes of Extraordinary General Meeting held on November 17, 2018, to receive, consider and adopt the Annual Audited Accounts of the Bank Audited Consolidated Accounts for the year ended December 31, 2018 together with the Auditors and Dirctors Reports and Chairman Review Report thereon, to appoint auditors of the Bank for the year ended December 31, 2019 and to fix their remuneration and to consider and, if thought fit, approve as recommended by the Board of Directors, final cash Dividend at the rate of Rs. 2/- per share i.e. 20%. In addition to Rs. 1.5 per share i.e. 15% interim Cash Dividend already declared / paid for the year December 31, 2018.

Further, the closed period of the company is from March 21, 2019 to March 28, 2019 (both days inclusive).

Meezan Bank Limited was incorporated in Pakistan on January 27, 1997, as a public limited company under the Companies Ordinance, 1984. The bank carried on the business of investment banking from July 13, 1987 and was registered as an ‘Investment Finance Company’ on August 8, 1997 in accordance and in conformity with the principles of Islamic Shariah. Certificate of Commencement of Business was issued to the Bank on September 29, 1997. The bank commenced operations as a Scheduled Islamic Commercial Bank from March 20, 2002. The stocks of the bank are quoted on the Karachi Stock Exchange of Pakistan. Its registered office is located at Karachi.

The bank is engaged in corporate, commercial, consumer, investment and retail banking activities. The bank was operating through three hundred and ten branches as at December 31, 2012.

The symbol “MEBL” is being used by the stock exchanges for the shares of Meezan Bank Limited.

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