It is a broadly described annual report of Brac Bank Limited in the year of 2010. The Bank has achieved a total profit after tax of Taka. 1,664 million this year, which is 27.7% higher than last year. The Bank has an operating profit of Taka. 4,969 million which posted a 33.7% growth. The Bank’s total assets stood at Taka. 119,150 million with a 25.3% growth and total customers’ deposits stood at Taka. 88,158 million with a 17.2% growth. Return on Equity (ROE) was 18.95% and Earnings per Share were BDT 60.39. Net Interest income in 2010 was BDT 5,094 million, which increased by BDT 1,661 million from last year, mainly due to lower cost of deposits.
The Board of Directors has proposed 1:5 bonus share based on the ordinary shares, along with cash dividend of 10% for the year 2010 to comply with the BRPD Circular No. 11 dated August 14. 2008. 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 Brac Bank Limited:
- Annual Report 2008 of Brac Bank Limited
- Annual Report 2009 of Brac Bank Limited
- Annual Report 2010 of Brac Bank Limited
- Annual Report 2011 of Brac Bank Limited
- Annual Report 2012 of Brac Bank Limited
- Annual Report 2013 of Brac Bank Limited
- Annual Report 2014 of Brac Bank Limited
- Annual Report 2015 of Brac Bank Limited
- Annual Report 2016 of Brac Bank Limited
