It is a broadly described annual report of Basic Bank Limited in the year of 2010. During the financial year, The Bank has provided for income tax this year amounting to Taka. 72.32 Crore. The Bank’s asset increases to Tk. 6156.94 Crore from Tk. 4530.83 Crore and deposit increases to Tk. 4925.96 Crore from Tk. 3450.16 Crore in the previous year. During the year, the authorized capital of the Bank raised to Tk. 500.00 Crore and the Bank earned gross operating profit of Tk. 216.69 Crore. Profit before provision of the Bank rose to Tk. 1717.05 million in 2010 against Tk. 1568.34 million in 2009. Profit after provision for loan loss and investment increased marginally to Tk. 1325.17 million in 2010 against Tk. 1321.97 million in 2009. Consequently, after tax net profit stood at Tk. 660.94 million in 2010 compared to Tk. 648.85 million in 2009.
The Board of Directors of the Bank is pleased to propose to its sole shareholder, the Ministry of Finance, subject to the approval of the Annual General Meeting, 1 (one) bonus share against each 5 (five) shares amounting to Tk. 392.93 million subjects to the approval of the Bangladesh Bank.
More Annual Report of Basic Bank Limited:
- Annual Report 2005 of Basic Bank Limited
- Annual Report 2006 of Basic Bank Limited
- Annual Report 2007 of Basic Bank Limited
- Annual Report 2008 of Basic Bank Limited
- Annual Report 2009 of Basic Bank Limited
- Annual Report 2010 of Basic Bank Limited
- Annual Report 2011 of Basic Bank Limited
- Annual Report 2012 of Basic Bank Limited
- Annual Report 2013 of Basic Bank Limited
- Annual Report 2014 of Basic Bank Limited
- Annual Report 2015 of Basic Bank Limited
- Annual Report 2016 of Basic Bank Limited
