It is a broadly described annual report of Rupali Bank Limited in the year of 2016. Value added by the Bank stood at Tk. 397.25 Crore as of 31st December 2016 as against Tk. 365.66 Crore as of 31st December 2015. The deposit of the Bank in 2016 was Taka. 27911.60 Crore respectively. The growth rate was 9.96% in 2016. The import businesses of the Bank in 2016 were Taka. 10801.36 Crore respectively. The export businesses of the Bank in 2016 were Taka. 2500.45 Crore respectively. The inward foreign remittance of the Bank declined to Tk. 1652.52 Crore in 2016 against Tk 1850.32 Crore in 2015. The operating profits of the Bank from 2012 to 2015 were Tk. 367.46 Crore, Tk. 205.26 Crore, Tk. 252.70 Crore and Tk. 250.20 Crore respectively. The Bank incurred a loss of Tk. 88.78 Crore in 2016.
Considering the performance of the Bank over the Bank the board has recommended the stock dividend of @10% for the year 2016. 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.
More Annual Report of Rupali Bank Limited:
