Meezan Bank Financial Performance slide image

Meezan Bank Financial Performance

Meezan Bank Current Standing BANK Meezan Bank The Premier Islamic Bank Founded with the Vision to 'establish Islamic banking as banking of first choice...', the Bank commenced operations in 1997 as Al Meezan Investment Bank Limited. It converted to Meezan Bank Limited, a full-fledged Islamic commercial bank in 2002, when the State Bank of Pakistan issued it Pakistan's first Islamic Commercial Banking license. Meezan Bank share in Banking Industry Deposits - 7.6% (Sep 2023) Meezan Bank share in Islamic Banking Industry Deposits - 33% (June 2023) Islamic banking share in Banking Industry Deposits - 22% (June 2023) Within a span of 26 years Meezan Bank has achieved many milestones, some of which are highlighted below: Most Profitable Bank in Pakistan amongst Conventional as well as Islamic Banks (as of June 2023) Most Valuable Bank by Market Capitalization amongst all the banks listed on Pakistan Stock Exchange (PSX) 4th Largest Bank in Pakistan in terms of assets and deposits Customers Over 3.5 million Highest-Rated Mobile App on Google Playstore & Apple App Store 1,139 Biometric & cardless services enabled ATMs More than 16,000 Employees Kil Highest Credit Rating Medium to Long term AAA Short term A1+ 00 8
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