Directors Report 2009 of Dutch-Bangla Bank Limited

It is a broadly described directors report of Dutch-Bangla Bank Limited in the year of 2009. During the year 2009, profit before taxes of the Bank increased by Taka 378.3 million or 21.3% to Taka 2,154.4 million from the previous year’s amount of Taka 1,776.1 million. Net profit after taxation grew by Taka 316.0 million to Taka 1,137.7 million from Taka 821.7 million of the preceding year marking a growth of 38.5%.  During the year 2009, the net interest income of the Bank rose by Taka 249.2 million or 13.7% to Taka 2,066.8 million from Taka 1,817.7 million of the previous year. The share of net interest income to the total income of the Bank decreased to 42.9% in 2009 compared to 49.9% of the previous year. Total assets of DBBL as at 31 December 2009 stood at Taka 81,480.5 million compared to Taka 60,618.9 million of 2008 depicting a growth of Taka 20,861.6 million or 34.4%. As at 31 December 2009, DBBL’s shareholders’ equity increased to Taka 4,351.8 million from Taka 3,163.5 million in 2008 registering an increase by Taka 1,188.2 million (37.6%).

The board of directors recommended cash dividend (bonus share @ 33.33% i.e. 01 (one) bonus share for existing every 03 (three) ordinary shares of Taka 100 each) Tk. 500.00. These financial statements are presented in Bangladesh Taka (Taka/Tk/BDT) which is both functional currency and presentation currency of the Company.

More Directors Report of Dutch-Bangla Bank Limited:

  1. Directors Report 2004 of Dutch-Bangla Bank Limited
  2. Directors Report 2005 of Dutch-Bangla Bank Limited
  3. Directors Report 2006 of Dutch-Bangla Bank Limited
  4. Directors Report 2007 of Dutch-Bangla Bank Limited
  5. Directors Report 2008 of Dutch-Bangla Bank Limited
  6. Directors Report 2009 of Dutch-Bangla Bank Limited
  7. Directors Report 2010 of Dutch-Bangla Bank Limited
  8. Directors Report 2011 of Dutch-Bangla Bank Limited