It is a broadly described annual report of Al-Arafah Islami Bank Limited in the year of 2010. In 2010, total value added by AIBL was BDT 3,470.98 million as against BDT 2,194.27 million in 2009. Bank’s direct contribution to the economy was BDT 873.01 million in the form of corporate income tax. The Bank distributed BDT 714.80 million for its total 1,711 officials in 2010 as against that of BDT 553.02 million in 2009. Economic Value Added (EVA) of the Bank stood at BDT 970.85 million as on 31st December 2010 as against that of BDT 459.89 million in 2009. In 2010 the Bank earned a net profit before tax & provision of Tk. 3,059.95 million which is 76.89% higher than the previous year. The authorized capital of the Bank is Tk. 5,000.00 million and paid up capital and reserve is Tk. 6,423.70 million as on 31st December 2010.
The Board of Directors of the Bank is pleased to recommend @26% stock dividend in the year 2010. 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 Al-Arafah Islami Bank Limited:
- Annual Report 2009 of Al-Arafah Islami Bank Limited
- Annual Report 2010 of Al-Arafah Islami Bank Limited
- Annual Report 2011 of Al-Arafah Islami Bank Limited
- Annual Report 2012 of Al-Arafah Islami Bank Limited
- Annual Report 2013 of Al-Arafah Islami Bank Limited
- Annual Report 2014 of Al-Arafah Islami Bank Limited
- Annual Report 2015 of Al-Arafah Islami Bank Limited
- Annual Report 2016 of Al-Arafah Islami Bank Limited
