It is a broadly described annual report of Eastern Bank Limited in the year of 2013. During the calendar year 2013, the bank contributed BDT 4,715.65 million to national exchequer as tax, VAT and excise duty which is 22.29% higher than that of 2012. Consequentially the bank Earnings per Share (EPS) has increased to BDT 4.20 (consolidated BDT 4.15) against BDT 3.72 in 2012. Profit after tax (PAT) of the Bank is BDT 2,567.86 million which contains a deferred tax income of BDT 321.90 million calculated on specific provision made against classified loans (Bad/Loss Only) during the year 2013. Investment income increased by 39% in 2013 to BDT 2,071 million (Investment income share in total operating income increased from 17% in 2012 to 22% in 2013) while bank’s net interest income increased by only 2% in 2013 to BDT 4,892 million (NII share in total operating income decreased from 55% in 2012 to 52% in 2013).
The Board has recommended @20% cash dividend equivalent to BDT 1,222.36 million for the completed the year 2013. 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 Eastern Bank Limited:
- Annual Report 2007 of Eastern Bank Limited
- Annual Report 2008 of Eastern Bank Limited
- Annual Report 2009 of Eastern Bank Limited
- Annual Report 2010 of Eastern Bank Limited
- Annual Report 2011 of Eastern Bank Limited
- Annual Report 2012 of Eastern Bank Limited
- Annual Report 2013 of Eastern Bank Limited
- Annual Report 2014 of Eastern Bank Limited
- Annual Report 2015 of Eastern Bank Limited
- Annual Report 2016 of Eastern Bank Limited
