It is a broadly described annual report of The Premier Bank Limited in the year of 2016. In 2016, Premier Bank ended the year with operating Profit of BDT 3320.22 million, the deposit of BDT 125490.12 million advances of BDT 113723.81 million and capital of BDT 15607.74 million. Total Assets of the Bank stood at Tk. 154580.45 million in 2016 as against Tk. 131265.51 million of the previous year. The Bank generated Operating Income of Tk. 7217.31 million in 2016 recording a growth of 35.30 percent over 2015 in the core banking business. Net Prot after taxation for the year 2016 Tk. 1,602,054,548 million. At the end of the year, Bank’s NAV and Earning per shares were BDT 17.47 and BDT 2.33 respectively.
The Board of Directors of the Bank has recommended @10% Cash Dividend & @2% Stock Dividend to the Shareholders for the year ended on 31st December 2016 subject to the approval of Shareholders in the 18th Annual General Meeting (AGM) of the Bank. 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.
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