It is a broadly described annual report of Prime Bank Limited in the year of 2007. The Bank was able to make a record operating profit of Taka. 3.26 billion in 2007, an increase of 52.83 percent from the previous year. The return on average equity remained 30.68 percent and Earnings per Share (EPS) stood at Tk. 61.57 during 2007. Deposits of the Bank rose by Tk. 15.78 billion in 2007 indicating a growth of 28.85 percent. Total provision against classified loan was Tk. 350 million as against Tk. 210 million o the previous year. After making above provisions, net profit before tax grew 34.81 percent and stood at Tk. 2,347 million. Net Profit after Tax stood Tk. 1,401 million registering a growth of 33 percent during 2007. Foreign Trade Business handled was Tk. 137.84 billion indicating a growth of 26 percent during the year.
Total asset of PBL stood at Taka. 79,588 million in 2007 from Taka. 60,899 million in 2006 registering a growth of 30.68 percent. These financial statements are presented in Bangladesh Taka (Taka/Tk/BDT) which is the company’s functional currency. All financial information presented in Taka has been rounded off to the nearest Taka.
More Annual Report of Prime Bank Limited:
- Annual Report 2003 of Prime Bank Limited
- Annual Report 2004 of Prime Bank Limited
- Annual Report 2005 of Prime Bank Limited
- Annual Report 2007 of Prime Bank Limited
- Annual Report 2008 of Prime Bank Limited
- Annual Report 2009 of Prime Bank Limited
- Annual Report 2010 of Prime Bank Limited
- Annual Report 2011 of Prime Bank Limited
- Annual Report 2014 of Prime Bank Limited
- Annual Report 2015 of Prime Bank Limited
- Annual Report 2016 of Prime Bank Limited
