LAHORE: Bank of Punjab’s (BOP) balance sheet grew by 24 per cent to reach the level of Rs1.48 trillion during the year 2022, the bank said in a statement on Friday.

As on Dec 31, 2022, bank’s deposits stood at the level of Rs1.23tr, “showing a commendable growth of 22pc,” it said. “With prudent management of resources, aggressive business expansion and introduction of new products and services, the bank has been able to post before tax profit of Rs18.51 billion during year 2022. Earnings per share (EPS) for year 2022 stood at Rs3.64 per share,” it added.

Published in Dawn, February 18th, 2023