It is a broadly described annual report of Standard Bank Limited in the year of 2012. Total assets of the Bank stands at Taka. 94370 million in the year 2012 from Taka. 74953 million in the year 2011. Standard Bank tinted generated an operating profit of Tk. 299.77 orate In 2012 compared to Tk. 286.89 Crore in 2012 making a growth of 5%. After al provisions including general provisions on unclassified loans, wart before tax stood at Tk. 255.83 Crore. The bank posted a net profit of Tk. 1331 million compared to Tk. 1296 million in the year 2011. Earnings per share (EPS) is Tk. 2.73 in 2012.
The Board of Directors recommended @17% stock dividend subject to the approval of the Honorable Shareholders’ for the year ended 31st December 2012. 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.
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