It is a broadly described annual report of Eastern Bank Limited in the year of 2011. During the calendar year 2011 the bank contributed BDT 2,512.33 million to national exchequer as tax, vat and excise duty which is 11.34 percent higher than that of 2010. During the year, Profit after tax (PAT) has increased marginally by 3.96% to BDT 2,520.70 million in 2011 mainly due to 134.49% growth in provisions for loans and equity investments. As a result, Earnings per Share (EPS) has increased to BDT 5.57 (consolidated BDT 5.59) against BDT 5.36 (restated) in 2010. The year-end closing price per EBL share in DSE was BDT 65.80 against BDT 129.40 as on 30 December 2010 whereas year high was BDT 125.1 and year low was BDT 54.3 in the DSE.
The Board has recommended @35% stock dividend equivalent to BDT 1,584.54 million for the completed the year 2011. 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 Eastern Bank Limited:
- Annual Report 2007 of Eastern Bank Limited
- Annual Report 2008 of Eastern Bank Limited
- Annual Report 2009 of Eastern Bank Limited
- Annual Report 2010 of Eastern Bank Limited
- Annual Report 2011 of Eastern Bank Limited
- Annual Report 2012 of Eastern Bank Limited
- Annual Report 2013 of Eastern Bank Limited
- Annual Report 2014 of Eastern Bank Limited
- Annual Report 2015 of Eastern Bank Limited
- Annual Report 2016 of Eastern Bank Limited
