It is a broadly described annual report of Brac Bank Limited in the year of 2013. BRAC Bank’s net profit after tax in 2013 was BDT 1,246 million – featuring an increase of 131% over the previous year. Return on Equity (ROE) and Earnings Per Share (EPS) amounted to 11.46% and BDT 2.81 respectively. Total assets of the bank shrunk a little to BDT 171,902 million in 2013 from BDT 173,677 million in 2012 registering a de-growth of 1%. The bank’s investments during the year 2013 were mostly in Government securities, which stood at BDT 19,365 million as on December 31st, 2013 as opposed to BDT 21,858 million in the previous year.
The Board of Directors declared 10% Stock and 10% Cash dividend for the year ended 31st December 2013, subject to the approval of the 15th Annual General Meeting. 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 Brac Bank Limited:
- Annual Report 2008 of Brac Bank Limited
- Annual Report 2009 of Brac Bank Limited
- Annual Report 2010 of Brac Bank Limited
- Annual Report 2011 of Brac Bank Limited
- Annual Report 2012 of Brac Bank Limited
- Annual Report 2013 of Brac Bank Limited
- Annual Report 2014 of Brac Bank Limited
- Annual Report 2015 of Brac Bank Limited
- Annual Report 2016 of Brac Bank Limited
