It is a broadly described annual report of Delta Brac Housing Finance Corporation Limited in the year of 2011. Operating revenue of the Company has increased by 19% over the last year’s figure of Taka. 2,583 million to Taka 3,065 million in the twelve months of FY 2010-11. During the FY 2010-11, interest incomes have grown at the rate of 16% from the previous year. Net Interest Income of the Company has exceeded the corresponding figure of last year at the rate of 17%. As a result, the net interest income stood at Taka. 890 million compared to last year’s figure of Taka. 764 million. The Company also has an investment of Tk.160 million in long-term bonds and Tk. 12 million in non-marketable securities. The earnings from this sector have reached Taka. 272 million as on June 30, 2011, marked a 69% growth over the last year.
The Board of Directors has recommended @100% stock dividend i.e. one bonus share for each ordinary share held. The quality of our assets continues to be strong with non-performing loans remaining below 0.15 %. 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 Delta Brac Housing Finance Corporation Limited:
- Annual Report 2008 of Delta Brac Housing Finance Corporation Limited
- Annual Report 2009 of Delta Brac Housing Finance Corporation Limited
- Annual Report 2010 of Delta Brac Housing Finance Corporation Limited
- Annual Report 2011 of Delta Brac Housing Finance Corporation Limited
- Annual Report 2012 of Delta Brac Housing Finance Corporation Limited
- Annual Report 2013 of Delta Brac Housing Finance Corporation Limited
- Annual Report 2014 of Delta Brac Housing Finance Corporation Limited
- Annual Report 2015 of Delta Brac Housing Finance Corporation Limited
- Annual Report 2016 of Delta Brac Housing Finance Corporation Limited