It is a broadly described annual report of Basic Bank Limited in the year of 2007. During the financial year, The Bank’s total assets of the Bank increased to Taka. 38,773.9 million at the end 2007 from Taka. 29,417.1 million in the previous year. The growth rate was 31.81%. Deposit rose from Taka. 24,084.7 million in 2006 to Taka. 31,948 million in 2007 showing a growth rate of 32.65%. The Bank’s financing of import business increased from Tk. 17,804 million in 2006 to Tk. 21,266.5 million in 2007 registering growth of 19.45%. On the other hand, Bank’s export finance increased to Tk. 16,795 million in 2007 compared to Tk. 15,464 million in 2006 a growth of 8.61%. After-tax net profit stood at Tk. 282.96 million in 2007 compared to Tk. 554.13 million in 2006.
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, 1 (one) bonus share against each 20 (twenty) shares amounting to Tk. 62.37 million and @5% cash dividend amounting to Tk. 62.37 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
