It is a broadly described annual report of Basic Bank Limited in the year of 2006. During the financial year, The Bank’s total assets increased to Taka. 29,417 million at the end 2006 from Taka. 27,155 million in the previous year. The growth rate was 8.33%. Deposit rose from Taka. 22,325 million in 2005 to Taka. 24085 million in 2006 showing a growth rate of 7.88%. The Bank’s financing of import business increased from Tk. 14,095 million in 2005 to Tk. 17,804 million in 2006 registering growth of 26.32%. On the other hand, Bank’s export finance increased to Tk. 15464 million in 2006 from Tk. 11,097 million in 2005 registering growth of 39.35%. After-tax net profit stood at Taka. 554 million in 2006 compared to Taka. 285 million in 2005.
The Board of Directors of the Bank is pleased to propose to its sole shareholder, the Ministry of Finance, subject to the approval of the Annual General Meeting, 08 bonus shares against every 25 shares amounting to Tk. 302.40 million and @6.35% cash dividend amounting to Tk. 60.00 million.
More Annual Report of Basic Bank Limited:
- Annual Report 2005 of Basic Bank Limited
- Annual Report 2006 of Basic Bank Limited
- Annual Report 2007 of Basic Bank Limited
- Annual Report 2008 of Basic Bank Limited
- Annual Report 2009 of Basic Bank Limited
- Annual Report 2010 of Basic Bank Limited
- Annual Report 2011 of Basic Bank Limited
- Annual Report 2012 of Basic Bank Limited
- Annual Report 2013 of Basic Bank Limited
- Annual Report 2014 of Basic Bank Limited
- Annual Report 2015 of Basic Bank Limited
- Annual Report 2016 of Basic Bank Limited
