Meezan Bank Limited operates within the Commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Meezan Bank Limited with three other
companies in this sector in Pakistan:
Askari Bank Limited
sales of 42.18 billion Pakistan Rupees [US$400.28 million]
of which 56%
was Trading and Sales),
Bank Of Punjab
(34.97 billion Pakistan Rupees [US$331.91 million]
Habib Metropolitan Bank Limited
(41.77 billion Pakistan Rupees [US$396.43 million]
During the year ended December of 2016, sales at
Meezan Bank Limited were 37.81 billion Pakistan Rupees (US$358.80 million).
a very small
increase of 0.6%
versus 2015, when the company's sales were 37.58 billion Pakistan Rupees.
This was the fifth consecutive year of sales increases at Meezan Bank Limited
(and since 2011, sales have increased a total of 87%).
Sales of Retail Banking saw an increase
that was more than double the company's growth rate: sales were up
76.7% in 2016, from
4.18 billion Pakistan Rupees to 7.39 billion Pakistan Rupees.
Meezan Bank Limited also saw significant increases in sales in
Agency Services (up 54.9% to 17.49 million Pakistan Rupees)
Not all segments of Meezan Bank Limited experienced an increase in sales in 2016:
sales of Trading and Sales fell 15.6% to 17.72 billion Pakistan Rupees.
Meezan Bank Limited also experienced decreases in sales in
Commercial Banking (down 5.8% to 10.51 billion Pakistan Rupees)
Coroporate Finance (down 9.2% to 1.23 billion Pakistan Rupees)