Meezan Bank Ltd has announced 8.6% bonus shares for its shareholders for the third quarter ended 30th September, 2008.
The Board of Directors of Meezan Bank Limited, the largest Islamic Bank in Pakistan, held their 41st Board Meeting in Dubai on 17th October, 2008 and inter-alia declared the financial results of the Bank for the third quarter ended 30th September, 2008 and announced a Bonus share issue of 8.6%. The Chairman of the Board, Sheikh Ebrahim Bin Khalifa Al Khalifa, presided over the meeting.
Against the backdrop of an unprecedented international financial crisis, it is heartening to note the satisfactory financial performance of Meezan Bank Limited. Despite the difficult economic conditions that have prevailed in Pakistan, the Bank has been able to grow in almost all its business segments.
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