It is a broadly described annual report of First Security Islami Bank Limited in the year of 2011. As of 31st December 2011 deferred tax assets arrived at Tk. 175.87 million. But management has decided not to recognize deferred tax assets for the year ended 31st December 2011. However, management has recognized deferred tax assets up to December 2007 Tk. 80 million. During the financial year, The Bank’s Net Investment Income Taka. 2,078,117,264. Total Operating Income Taka. 2,738,258,073. Total Profit before Taxes Taka. 1,219,951,608. Net Profit after tax for the period Taka. 579,939,082.
The Board of Director in its meeting held on 15th May 2012 recommended the stock dividend @ 10% for the year 2011 to be approved at the 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 First Security Islami Bank Limited:
- Annual Report 2009 of First Security Islami Bank Limited
- Annual Report 2010 of First Security Islami Bank Limited
- Annual Report 2011 of First Security Islami Bank Limited
- Annual Report 2012 of First Security Islami Bank Limited
- Annual Report 2014 of First Security Islami Bank Limited
- Annual Report 2015 of First Security Islami Bank Limited
- Annual Report 2016 of First Security Islami Bank Limited
