Annual Report 2012 of Brac Bank Limited

It is a broadly described annual report of Brac Bank Limited in the year of 2012. BRAC Bank’s net profit after tax in 2012 was BDT 540 million – a decrease of 68% over previous year. Return on Equity (ROE) was 5.47% and Earnings Per Share was BDT 1.32. Interest income of the bank has increased by 22.8% in 2012 and is consistent with the increase of loans and advances growth by 14.1%. Net interest income in 2012 was BDT 6,518 million, which increased by 19.7% from 2011, mainly due to product re-pricing and average portfolio growth. Operating expenses have increased by 11.3% in 2012. Total assets of the bank rose to BDT 173,677 million in 2012 from BDT 133,201 million in 2011 registering a growth of 30.4%. Earnings per Share stood at BDT 1.32 as on December 31st, 2012 compared to BDT 4.29 in 2011.

The Board of Directors declared Bonus Share of 15% dividend for the year ended 31st December 2012, subject to the approval of the 14th 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:

  1. Annual Report 2008 of Brac Bank Limited
  2. Annual Report 2009 of Brac Bank Limited
  3. Annual Report 2010 of Brac Bank Limited
  4. Annual Report 2011 of Brac Bank Limited
  5. Annual Report 2012 of Brac Bank Limited
  6. Annual Report 2013 of Brac Bank Limited
  7. Annual Report 2014 of Brac Bank Limited
  8. Annual Report 2015 of Brac Bank Limited
  9. Annual Report 2016 of Brac Bank Limited