Annual Report 2009 of Bank Asia Limited

It is a broadly described annual report of Bank Asia Limited in the year of 2009. During the financial year, operating profit of the Bank reached a record level of Tk. 2,617 million in 2009, showing an increase of 37% over that of 2008. After making provision for taxes, provision for loans and contingent liabilities, net profit for 2009 stands Tk. 1,327 million with the growth rate of 93% over previous year’s profit after provision and tax. Deposits of the Bank were Tk. 54,838 million in 2009 indicating a growth rate of 29.22 percent. The return on average equity was 32.03 percent and Earnings Per Share (EPS) stood at Tk. 61.88.

For 2009, the Board of Directors has recommended a dividend of @40% for the shareholders in the form of the stock dividend. 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 Bank Asia Limited:

  1. Annual Report 2007 of Bank Asia Limited
  2. Annual Report 2008 of Bank Asia Limited
  3. Annual Report 2009 of Bank Asia Limited
  4. Annual Report 2010 of Bank Asia Limited
  5. Annual Report 2011 of Bank Asia Limited
  6. Annual Report 2012 of Bank Asia Limited
  7. Annual Report 2013 of Bank Asia Limited
  8. Annual Report 2014 of Bank Asia Limited