Tagged: Global Post

Burj Bank deposits grows 70pc

Burj Bank deposits grows 70pc

In 2012, Burj Bank’s deposit base grew from Rs.20 billion to Rs.36 billion reflecting a deposit growth of 77pc whereas the total assets grew from Rs.27.6b to Rs.47b reflecting 70pc growth during the year. During the year, the Bank launched and established several products and services such as Carsaaz Auto financing, Home Musharaka, Investment Banking, Islamic Debit MasterCard and an efficient internet banking platform. Morover, the Bank has grown its nationwide branches from 50 to 75.