Annual Report 2015 of Bay Leasing & Investment Limited

It is a broadly described annual report of Bay Leasing & Investment Limited in the year of 2015. In the year 2015, BLIL struggled much to cope with changing the economic environment and reported a stable financial position. Reported operating profit is BDT 181.40 million (consolidated) in 2015. At the end of 2015, BLIL’s total investment portfolio was BDT 7,869 million reflecting a 23.06% increase compared to that of the year 2014. The deposit portfolio for 2015 is BDT 3695.32 million which was BDT 2760.76 million in 2014. This substantial growth of 33.85% in deposit base represents the confidence reposed by clients and state holders of BLIL.

The Board of Directors in its meeting held on 30^th April 2015 recommended Cash dividend of @15% for the year 2014. 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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