It is a broadly described annual report of Bank Asia Limited in the year of 2008. During the financial year, The operating profit of the Bank reached Tk.1,904.88 million at the end of 2008 showing an increase of about 21% over operating profit of Tk. 1,574.72 million in 2007. After making provisions for taxes, loans, and off-balance sheet items, the net profit for appropriation came to Tk.686.70 million. Deposits rose by 41% in the same period from Tk. 30,004.09 million in 2007 to Tk. 42,435.24 million in 2008. For the year 2008, the total capital of the Bank would stand at Tk. 3,987.75 million and the paid-up capital at Tk. 2,144.81 million.
For 2008, the Board of Directors has recommended a dividend of @23% for the shareholders in the form of the stock dividend. 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 Bank Asia Limited:
- Annual Report 2007 of Bank Asia Limited
- Annual Report 2008 of Bank Asia Limited
- Annual Report 2009 of Bank Asia Limited
- Annual Report 2010 of Bank Asia Limited
- Annual Report 2011 of Bank Asia Limited
- Annual Report 2012 of Bank Asia Limited
- Annual Report 2013 of Bank Asia Limited
- Annual Report 2014 of Bank Asia Limited
