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Published 31 May, 2019 07:28am

Bank of Punjab profit up

LAHORE: The Bank of Punjab posted 3MFY19 unconsolidated profit after tax at Rs1.965 billion, inching up 1.29 per cent, from Rs1.94bn in same period last year.

This translated into earnings per share of Rs0.74 during the period, from Rs0.73.

Net Interest Margin (NIM) of the Bank improved to Rs6.52bn as against Rs4.68bn in corresponding period of year 2018, an increase of 39pc. Non-markup/interest income remained at the level of Rs0.8bn.

Published in Dawn, May 31st, 2019

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