It is a broadly described annual report of One Bank Limited in the year of 2012. For the year 2012, OBL recorded a Net Increase of Taka. 960 million in Lease Finance portfolio compared to a Net Increase of Taka. 550 million in 2011. Deposits of the Bank grew by 27.63% during the year and stood at Tk. 73,055.77 million as at 31st December 2012 as against Tk. 57,240.15 million as at 31st December 2011. The Net Interest Income increased by 40.55% to Tk. 2,752.85 million during 2012 as against Tk.1,958.67 million during 2011. The total operating income stands at Tk. 4,619.61 million for 2012 as compared to Tk. 4,610.85 million for the previous year. The Bank has earned an operating profit of Tk. 2,335.39 million compared to Tk. 2,847.04 million in the year 2011. After providing for provision and taxes, the Net Profit of the Bank for the year 2012 was Tk. 1,055.43 million, compared to Tk. 1,448.56 million in the previous year due to the reasons already cited under operating profit.
The Board of Directors of One Bank Limited has recommended @20% Dividend (@15% Stock and @5% Cash Dividend) for the year 2012. 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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