KARACHI: The board of directors of KASB Bank has announced its annual results for 2013. The operating profit was Rs237 million, while current and saving deposits were 76 per cent of total deposits as of Dec 31, 2013, a press release said.

The bank’s net non-performing loans (NPLs) reduced to Rs3.1 billion whereas the coverage ratio has increased to 72pc from 52pc last year.

Published in Dawn, May 22nd, 2014