It is a broadly described annual report of Mutual Trust Bank Limited in the year of 2015. MTB deposits registered an increase of BDT 22,340 million or 23.3% from BDT 96,065 million in 31st December 2014 to BDT 118,405 million in 31st December 2015. Net Interest Income (NIM) of MTB up to 2015 was BDT 2,036 million which is 86% higher than BDT 1,097 million of 2014. Profit before provision of MTB up to Q3, 2015 was BDT 2,135 Million which is 8.4 9% higher than that of the same period of last year (BDT 1,968 Million). Net Profit After Tax (NPAT) stood at BDT 913 million in Q3, 2015 compared to Net Profit After Tax of BDT 565 Million in Q3, 2014. MTBs consolidated shareholder’s equity increased by 31.89% to BDT 8,929.18 million in 2015.The bank’s paid-up capital increased by 20% to BDT 3,693.16 million in 2015.
The Board of Directors has decided to recommend @20% Stock Dividend for the year 2015. 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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