It is a broadly described annual report of Dhaka Bank Limited in the year of 2012. During the year, Dhaka Bank contributed an amount of Tk. 14.25 million for the overall betterment of the nation. In 2012 Dhaka Bank had a reasonably steady performance in a tough economic environment; with the profit of Tk. 3,223 against increasing economic headwinds in 2012. Banks Deposit increased to Tk. 107 billion in 2012 indicating a growth of 26%. Loans and Advances have grown to Tk. 90.14 billion – an increase of 19% during the year. Capital adequacy ratio as per BASEL II was 10.74 percent (against required 10 percent). Amount of fee-based income stood at Tk. 1,085 million.
The Board of Directors of DBL to recommend @6% Stock Dividend i.e. 4 Bonus Share for every 25 Shares for the year that ended on December 31st, 2012 subject to approval in the 18th 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 Dhaka Bank Limited: