Finance

Annual Report 2011 of Delta Brac Housing Finance Corporation Limited

Annual Report 2011 of Delta Brac Housing Finance Corporation Limited

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:

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