It is a broadly described annual report of Bank Asia Limited in the year of 2010. In the year 2010, the operating profit of the Bank reached Tk. 4,245.86 million showing an increase of 62.35% over the preceding year. Deposit of the Bank increased by 52.47% and advances increased by 58.16% compared to the preceding year. As such, export grew by 85.06% from Tk. 30.94 billion in 2009 to Tk. 57.28 billion in 2010. Imports grew by 63.88% from Tk. 67.38 billion in 2009 to Tk. 110.42 billion in 2010.
To maintain a respectable rate of return to shareholders and to strengthen the capital base of the Bank, the Board of Directors recommended @40% stock dividend for the shareholders. 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
