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Today's Reviews - Nov 21, 2008

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Investment Sector: Emerging Markets
Submitted 3 months ago by Lovephileo , WEB CONSULTANT / PASTOR at LIGHT OF THE WORLD CHRISTIAN CENTER contact me
 The Philippine banking system is made up of four types of banks - commercial banks (further subdivided into  universal and regular commercial banks), thrift banks, rural banks and cooperative banks. These banks are differentiated according to size of capitalization and types of activities that they may undertake. In terms of capitaliz... More...

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Investment Sector: IPO / Secondary Offering
Submitted 5 months ago by Xpertwriter , CEO At E-HostingJunction.com at Spectrum Resumes , Inc contact me
Bank Alfalah Limited was incorporated on June 21, 1997 as a public limited company under the Companies Ordinance 1984. The bank is engaged in commercial banking and related services as defined in the Banking Companies Ordinance, 1962. The bank was privatised in 1997.The Abu Dhabi Group, owner of the bank, has invested in technology to have a... More...

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Investment Sector: IPO / Secondary Offering
Submitted 5 months ago by Xpertwriter , CEO At E-HostingJunction.com at Spectrum Resumes , Inc contact me
The Bank of Punjab was established in 1989 under the Bank of Punjab Act 1989. The bank provides commercial banking and related services in Pakistan and the Azad Jammu and Kashmir, with a special emphasis on agricultural sector. The bank, through its wholly owned subsidiary, Punjab Modaraba Services (Private) Limited, also conducts modaraba o... More...

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Investment Sector: IPO / Secondary Offering
Submitted 6 months ago by Xpertwriter , CEO At E-HostingJunction.com at Spectrum Resumes , Inc contact me
The Pakistan Credit Ruling Agency (Pacra) has assigned the long-term and short-term entity ratings at 'AA' (Double A) and 'A1+' (A One Plus), respectively, to ABN Amro Bank (Pakistan) Limited (AABPL), formerly Prime Commercial Bank Limited (PCBL), says a press release.Meanwhile, the unsecured subordinated TFCs issue of Rs 800 million has bee... More...

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Investment Sector: IPO / Secondary Offering
Submitted 6 months ago by Xpertwriter , CEO At E-HostingJunction.com at Spectrum Resumes , Inc contact me
Formerly known as "Askari Commercial Bank Limited", Askari Bank Limited was incorporated in Pakistan on October 09, 1991 and started operations in April 1992 as a public limited company. The bank is principally engaged in the banking business. It has a diverse customer base comprising of corporates, SMEs, individual savers, househo... More...

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Investment Sector: Emerging Markets
Submitted 6 months ago by Lovephileo , WEB CONSULTANT / PASTOR at LIGHT OF THE WORLD CHRISTIAN CENTER contact me
 What happens when two banks merge together? A simple answer points to the principle of addition and multiplication or rather " a double positive impact " resulted.PNB and Allied Banking Corporation, both owned and controlled by tycoon Lucio Tan, approved a P61.8 billion merger done deal that resulted the country's fourth biggest ... More...

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Investment Sector: IPO / Secondary Offering
Submitted 6 months ago by Xpertwriter , CEO At E-HostingJunction.com at Spectrum Resumes , Inc contact me
The profit after-tax of the Meezan Bank Limited has increased to Rs 250.583 million in the quarter ended March 31, 2008 as compared to Rs 190.577 million earned in the corresponding period in 2007.The board of directors in its meeting declared that the bank's earning per share surged to Rs 0.55 in the period under review against Rs 0.42 in t... More...

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Investment Sector: IPO / Secondary Offering
Submitted 6 months ago by Xpertwriter , CEO At E-HostingJunction.com at Spectrum Resumes , Inc contact me
The Operating Profit of Allied Bank Limited (ABL) increased to Rs 2.4 billion for the first quarter ended March 31, 2008. This translates into a growth of 12 percent over the corresponding period of last year, says a press release. The Board of Directors of ABL, in its meeting held on April 26, 2008 in Lahore, approved the financial statemen... More...

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Investment Sector: IPO / Secondary Offering
Submitted 6 months ago by Xpertwriter , CEO At E-HostingJunction.com at Spectrum Resumes , Inc contact me
JS Bank Limited has announced financial results for the first quarter, 2008, says a press release. According to the results, the net income after taxation of the bank was Rs 72.30 million in the first quarter of 2008 as compared to Rs 7.4 million for the same period last year.Advances have grown at a rate of 40 percent and stand at Rs 9.03 b... More...

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Investment Sector: IPO / Secondary Offering
Submitted 6 months ago by Xpertwriter , CEO At E-HostingJunction.com at Spectrum Resumes , Inc contact me
The Bank of Punjab's first quarter report of 2008 ending March 31 has posted a loss of over Rs 3 billion, which is after taxation. This was told in the meeting of a newly constituted Board of Directors held here on Wednesday. The Board reviewed the bank's accounts for the quarter ended March 31, which was later approved. The meeting was chai... More...

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