Habib Metro Bank 2015 profit up
Habib Metro Bank, one of the fastest growing banks in terms of branches, showing a handsome profit of Rs 7.65 billion in the year of 2015 due to challenges of new taxes on the banking sector. According to financial statement, the growth of 55 percent by the bank was seen in 2015 as campare to 2014 showing a tough year for entire banking system since the introduction of multiple accounts..
The post-after tax sands at Rs 12.538 billion whereas the revenue earning of the bank stood at Rs 21.33 billion. Habib Metro Bank has nearly been operating 260 cities located in 70 multiple cities. There are 30 passengers Islamic Banking branchless across the country.
The bank is aggressive in continuing to invest in the government papers whereas it began consumer banking and financing to cater a big section of customers.