It is a broadly described annual report of Dutch-Bangla Bank Limited in the year of 2015. In 2015, profit before tax increased by 38.7% and stood at Taka 6,267.3 million compared to Taka 4,518.8 million in 2014. Profit after tax increased by 36.9% and stood at Taka 3,020.3 million compared to Taka 2,206.6 million in 2014. The return on equity was 19.3% compared to 16.2% in 2014. During the year under review, earnings per share attributable to shareholders amounted to Taka 15.1 compared to Taka 11.0 during the previous year. At the end of 2015, total equity stood at Taka 16,754.3 million as compared to Taka 14,517.4 million in 2014. The deposits grew by Taka 20,002.7 million in 2015 from Taka 166,762.3 million to Taka 186,765.0 million. In this highly competitive market, DBBL has been able to achieve 12.0% growth in deposit mobilization. Loans and Advances stood at Taka 152,270.0 million as at the end of 2015 from Taka 124,423.0 million in 2014 having growth of 22.4%.
The boards of directors have proposed cash dividend @ 40% i.e. Taka. 4.00 Per share of Taka. 10.00 Each. DBBL introduced the largest scholarship program in the private sector in the country. This scholarship helps 30,000 students studying in HSC and graduation levels on a yearly basis. This scholarship program was continued in 2015.
More Annual Report of Dutch-Bangla Bank Limited:
