Annual Report 2011 of Brac Bank Limited

Annual Report 2011 of Brac Bank Limited

It is a broadly described annual report of Brac Bank Limited in the year of 2011. The Bank had a total profit after tax of BDT 1,702 million which is 1.9% higher than last years. Besides, an operating profit of BDT 4,970 million posted a 31.7% growth. Total assets stood at BDT 133,201 million with a 13.6 % growth. Total customers’ deposits stood at BDT 103,726 million with a 17.7 % growth. Interest income of the bank has increased by 25.9% in 2011 and is consistent with the increase of loans and advances growth by 10.1%. Net interest income in 2011 was BDT 5,446 million, which increased by 7.8% from last year mainly due to higher interest income on loans. Total assets of the bank rose to BDT 133,201 million in 2011 from BDT 117,298 million in 2010 registering a growth of 13.6%.

The Board of Directors declared Bonus Share of 20% stock dividend for the year ended 31st December 2011, subject to the approval of the 13th Annual General Meeting. 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:

  1. Annual Report 2008 of Brac Bank Limited
  2. Annual Report 2009 of Brac Bank Limited
  3. Annual Report 2010 of Brac Bank Limited
  4. Annual Report 2011 of Brac Bank Limited
  5. Annual Report 2012 of Brac Bank Limited
  6. Annual Report 2013 of Brac Bank Limited
  7. Annual Report 2014 of Brac Bank Limited
  8. Annual Report 2015 of Brac Bank Limited
  9. Annual Report 2016 of Brac Bank Limited