It is a broadly described annual report of Eastern Bank Limited in the year of 2009. During the calendar year 2009 the bank paid the advance corporate tax of BDT 1,150.50 million while the deposited withheld tax of BDT 457.29 million, the VAT of BDT 101.00 million and Excise Duty of BDT 35.26 million. The Profit and Loss Account for the year 2009 shows Profit after tax (PAT) of BDT 1,454.54 million but the distributable profit is BDT 914.40 million after a mandatory transfer of BDT 540.14 million (20 percent of Profit Before Tax) to statutory reserve. Average daily turnover was doubled in 2009 to BDT 5.9 billion from BDT 2.8 billion in 2008.
The Board of Directors has recommended Stock Dividend @ 17% and Cash Dividend @ 20% for the year 2009. 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 Eastern Bank Limited:
- Annual Report 2007 of Eastern Bank Limited
- Annual Report 2008 of Eastern Bank Limited
- Annual Report 2009 of Eastern Bank Limited
- Annual Report 2010 of Eastern Bank Limited
- Annual Report 2011 of Eastern Bank Limited
- Annual Report 2012 of Eastern Bank Limited
- Annual Report 2013 of Eastern Bank Limited
- Annual Report 2014 of Eastern Bank Limited
- Annual Report 2015 of Eastern Bank Limited
- Annual Report 2016 of Eastern Bank Limited
