KARACHI, April 19: Bank Alfalah Limited has posted a profit of Rs2,026 million before provision and taxation. The deposits grew by 69 per cent to Rs129 billion as against Rs76.7 billion as on 31 December 2003. This announcement was made at the 13th annual general meeting of the bank held here on Tuesday, says a press release.

The foreign trade figures stood at Rs78.47 billion for imports and Rs57.32 billion for exports, reflecting an increase of 68 and 29 per cent, respectively. The loans and advances figure stood at Rs90.29 billion, recording an increase of 79 per cent.