It is a broadly described annual report of Prime Bank Limited in the year of 2009. PBL’s Operating revenue increased by 41.83 percent to Tk. 8.20 billion in 2009 compared to Tk. 5.78 billion in 2008. Operating expenses increased by 50.54 percent and stood at Tk. 2.91 billion in 2009 compared to Tk.1.93 billion in 2008. After making above provisions, net profit before tax of PBL stood at Tk. 4,589 million registering an 86.32 percent growth. Net return on equity for 2009 is 30.19 percent compared to 20.58 percent in 2008. Net Profit after Tax stood at Tk. 2,784 million registering a growth of 125.97 percent during 2009. Earnings per share are 78.33 in 2009 compared to 34.65 in 2008. Paid-up capital of PBL increased by Tk. 711 million (bonus share of 2008) and stood at Tk. 3,555 million during 2009. The share market value of the Bank stood at Taka. 23,212 million whereas the book value of the share stood at Taka. 11,745 million, resulting a Market Value Added of Taka. 11,467 million as of 31st December 2009.
Board of Directors recommended the stock dividend of @30% and the cash dividend of @10% 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 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