Lahore: With strong build-up in core earnings, MCB Bank’s profit before tax for the year ended Dec 31, 2022, “posted an impressive growth of 37.3 per cent to reach a historic high of Rs71.4 billion”, the bank said in a press release on Wednesday.

The board of directors of MCB Bank Limited in its meeting under the chairmanship of Mian Mohammad Mansha reviewed the bank’s performance and approved the financial statements for 2022.

The board of directors has declared final cash dividend of Rs6 per share, i.e. 60pc in addition to 140pc already paid, bringing the total cash dividend for the year 2022 to 200pc, it said.

Published in Dawn, February 9th, 2023