KARACHI: The Silkbank has posted profit-after-tax of Rs30 million during third quarterly ended Sept 30.
Silkbank’s total asset base grew by an impressive Rs15b over the period, which reflects the operational strength of the Bank. Silkbank registered a deposit growth of 15.8pc against December 2014 figures, which reflects depositor confidence in the Bank. CASA deposits increased by an impressive 16.3pc for the Jan-Sep 2015 period. Theses results were declared by Board of Directors of Silkbank Limited during a meeting.
CASA deposits increased by an impressive 16.3pc for the Jan-Sep 2015 period, which successfully brought down the cost of funds for the Bank. Non-funded income also reflected an impressive growth of 53pc.
