MyBank & Bank Islami in Loss, Standard Chartered Bank Showed Profit

mybankMyBank Ltd sustained a hefty loss of Rs 1.639 billion after tax in the previous year 2009. MyBank also announced that the loss amount increased to Rs 2.156 billion before taxes. Per share loss was recorded at Rs. 3.09 during the previous year ending December 31, 2009.

Bank IslamiBank Islami Pakistan also bore a loss of Rs. 478.939 million after taxes for the said year 2009. 562.909 million loss before taxes was reported by Bank Islami Pakistan according to KSE (Karachi Stock Exchange). Per share loss stirred up to Rs. 0.91 in the previous year.

SCBStandard Chartered Bank Pakistan Ltd. on the other hand showed a profit of Rs. 796.216 million after taxes for the year 2009. Bank’s profit before taxes surged to Rs. 1.398 billion with a Rs. 0.19 increase per share for the year ending December 31, 2009.

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