It is a broadly described annual report of Hatton National Bank Limited in the year of 2010. During the financial year, Total Assets of the Bank managed to grow its asset base by 12% during the year to Rs. 313.9 billion. The Bank recorded an 11.2% growth in the total deposit base during 2010 with the total rupee and foreign currency deposits standing at Rs. 234.1 billion compared to Rs. 210.5 billion in 2009. In 2010, The Bank posted a pre-tax profit of 6.73 billion. The net profit after tax stood at Rs. 4.46 billion recording a modest growth of 2.6 % in 2010 compared to the previous year. Shareholders’ funds grew by 14 % in the financial year, from Rs. 23.9 billion to Rs. 27.3 billion. The Bank’s return on average assets stood at 1.5% and return on average equity at 17.4% in 2010.
The Board of Directors of the Bank has declared an interim dividend of Rs. 1.50 per share for 2010 amounting to Rs. 338.6 million. The Bank proposes a final dividend of Rs 5.50 per share on profit’s for the year under review which will amount to a total dividend payout of Rs. 1,648 million.
More Annual Report of Hatton National Bank Limited:
- Annual Report 2004 of Hatton National Bank Limited
- Annual Report 2005 of Hatton National Bank Limited
- Annual Report 2006 of Hatton National Bank Limited
- Annual Report 2007 of Hatton National Bank Limited
- Annual Report 2008 of Hatton National Bank Limited
- Annual Report 2009 of Hatton National Bank Limited
- Annual Report 2010 of Hatton National Bank Limited
- Annual Report 2011 of Hatton National Bank Limited
- Annual Report 2012 of Hatton National Bank Limited
- Annual Report 2013 of Hatton National Bank Limited
- Annual Report 2014 of Hatton National Bank Limited
- Annual Report 2015 of Hatton National Bank Limited
- Annual Report 2016 of Hatton National Bank Limited
- Annual Report 2017 of Hatton National Bank Limited
