It is a broadly described annual report of Dhaka Bank Limited in the year of 2014. At the year-end of 2014, the total balance sheet was up by Tk. 14.34 billion. For the year 2014, The Bank’s net profit stood at Tk. 2,029 million demonstrating a growth of 5%. Operating profit crossed Tk. 3,800 million rising by 3% from Tk. 3,694 million in 2013. Profit after Tax (PAT) stood at Tk. 2,029 million. Profit available for distribution among shareholders is Tk. 1,364 million after a mandatory transfer of statutory reserve of Tk. 644 million (@20% on PBT). The market price of shares of DBL in Dhaka Stock Exchange and Chittagong Stock Exchange was Tk. 18.30 and Tk. 18.10 on the close of the business of the year 2014.
The Board of Directors of DBL to recommend @14% cash dividend and @10% Stock Dividend i.e. 10 Bonus Shares for every 100 Shares for the year that ended on December 31st, 2014 subject to approval in the 20th 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.
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