Karachi August 12 2021: Meezan Bank became largest bank at the Pakistan Stock Exchange (PSX) in terms of market capitalization after posting strong financial results.
The bank also give cash payout of PKR1.5 per share to its shareholders. Investors of Meezan Bank Limited will also get bonus shares of 15 percent.
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Meezan Bank market capitalization increase to PKR 199 billion crossing market capitalization of Muslim Commercial Bank (MCB) that is at PKR 194 billion. Habib Bank Limited ranked third with market capitalization of PKR 190 billion. National Bank Limited (NBP) came at eighth spot with market capitalization of PKR 72 billion.