It is a broadly described annual report of Prime Bank Limited in the year of 2016. Total assets of PBL stood at Taka. 256,599 million in 2016 from Taka. 252,161 million in 2015. In 2016, total deposits of the Bank stood at Taka. 197,934 million which was Taka. 194,825 million in 2015. Paid-up capital of PBL stood at Tk. 10,293 million during 2016. After making above provisions, net profit before tax of PBL stood at Tk. 2,345 million registering a negative growth of 15 percent. Provision against current year income tax of PBL was Tk. 150 million compared to Tk. 713 million of the preceding year. Net profit after tax has stood at Tk. 2,195 million registering a growth of 3 percent during 2016. Earnings per share increased to Tk. 2.13 as at 31st December 2016 from Tk. 2.08 in the previous year.
The Board of Directors in its 461st meeting decided to recommend payment of @16% (sixteen percent) cash dividend 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 Prime Bank Limited:
- Annual Report 2003 of Prime Bank Limited
- Annual Report 2004 of Prime Bank Limited
- Annual Report 2005 of Prime Bank Limited
- Annual Report 2007 of Prime Bank Limited
- Annual Report 2008 of Prime Bank Limited
- Annual Report 2009 of Prime Bank Limited
- Annual Report 2010 of Prime Bank Limited
- Annual Report 2011 of Prime Bank Limited
- Annual Report 2014 of Prime Bank Limited
- Annual Report 2015 of Prime Bank Limited
- Annual Report 2016 of Prime Bank Limited
