It is a broadly described annual report of Trust Bank Limited in the year of 2014. In 2014, The Bank contributed Taka. 1,622.98 million to national exchequer as tax, vat, income tax and excise duty deducted at source from employees, clients, and suppliers in the reporting year. At the end of 2014, Bank’s regulatory capital stood at Taka. 13,419.26 million as against Taka. 10,798.12 million as at 31st December 2013. Total deposits stood at Tk. 125,163 million in 2014 from Tk. 102,524 million in 2013, registering a growth of 22 percent. The Bank earned consolidated operating profit of Tk. 3,485 million which is 80 percent pick up from Tk. 1,936 million in 2013. After making above provision, Consolidated Net Profit before Tax of the Bank stood at Tk. 2,772.60 million in 2014 compared to Tk. 1,163.77 million in 2013 which refers 138.24% growth. Consolidated Net Profit after Tax stood at Tk. 1,298.07 million in the year 2014 from Tk. 322.29 million in the year 2013 and Earnings per Share (after the split) was Tk. 3.05 in the year 2014 whereas it was Tk. 0.76 in the year 2013. Earnings per share stood at Tk. 3.05 from Tk. 0.76 (restated) in 2013 and Tk. 0.55 in 2012.
The Board of Directors has recommended @10% stock dividend i.e. 10 (Ten) bonus shares for every 100 (One Hundred) shares held and @5% Cash dividend for the year 2014. 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 Trust Bank Limited:
- Annual Report 2008 of Trust Bank Limited
- Annual Report 2009 of Trust Bank Limited
- Annual Report 2010 of Trust Bank Limited
- Annual Report 2011 of Trust Bank Limited
- Annual Report 2012 of Trust Bank Limited
- Annual Report 2013 of Trust Bank Limited
- Annual Report 2014 of Trust Bank Limited
- Annual Report 2015 of Trust Bank Limited
- Annual Report 2016 of Trust Bank Limited