It is a broadly described annual report of Meghna Bank Limited in the year of 2016. During the financial year, The Bank’s total deposit stood at Taka. 2,551 Crore, an increase of 59% compared to previous year. The Bank’s total asset and liability increased by Tk. 9.05 billion showing growth of 40% over the year 2015. The gross profit of the Bank steadily grown from Tk. 12.23 Crore in 2014, to Tk. 63.41 Crore in 2015, to Tk. 96.53 Crore in 2016. Total operating income of the Bank increased 37.85% in the year 2016 as compared with the year 2015. In the year 2016, Bank recorded Tk. 1.84 billion as operative income against Tk. 1.33 billion in the year 2015. Paid-up capital of the Bank was Tk. 4.433 billion, statutory reserve increased by Tk. 177.97 million during the year and stood at Tk. 309.42 million at the end of the year 2016. Distributable profit stood at Tk. 445.51 million at the end of the year.
The Board of Directors of the Bank has recommended for payment of @10% Cash Dividend for the shareholder for the year 2016.
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