It is a broadly described annual report of Midland Bank Limited in the year of 2015. During the financial year, The Bank’s Total Assets stood at BDT 23,893 million in 2015 as against BDT 15,107 million in 2014, registering a positive growth of 58%. The balance stood at BDT 1,060 million in 2015 compared to BDT 506 million in 2014. The deposit portfolio to BDT 17,956 million in 2015 with a growth of 112% compared from BDT 8,479 million of 2014. Net profit after provision stood at BDT 630 million in 2015 compared to BDT 101 million in 2014, depicting a growth of 523%. Net profit after tax stood at BDT 439 million in 2015 compared to BDT 35 million in 2014 showing a growth of 1,154%.
The Board of Directors of the Bank has recommended a stock dividend of @8% for the year 31st December 2015.
More Annual Report of Midland Bank Limited: