Annual Report 2016 of Al-Arafah Islami Bank Limited

It is a broadly described annual report of Al-Arafah Islami Bank Limited in the year of 2016. In 2016, total value added by AIBL was BDT 8,631.57 million as against BDT 6,899.06 million in 2015. Bank’s direct contribution to the economy was BDT 2,613.76 million in the form of corporate income tax. The Bank distributed BDT 2,705.24 million for its total 3,070 officials in 2016 as against that of BDT 2,339.67 million for 2,810 in 2015. Economic Value Added (EVA) of the Bank stood at BDT 2,908.66 million as on 31 December 2016 as against that of BDT 2,936.82 million in 2015. The Bank’s operating profit stood at Tk. 7,511.03 million during the year an increase by Tk. 1,150.88 million over the previous year. The return on equity recorded at 15.67% while earnings per share (EPS) stood at Tk. 3.07. Total assets of the Bank rose to Tk. 272,467.55 million during the year showing a growth of 18.93% over the previous year.

The Board of Directors of the Bank is pleased to recommend @20% Cash dividend in the year 2016. 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 Al-Arafah Islami Bank Limited:

  1. Annual Report 2009 of Al-Arafah Islami Bank Limited
  2. Annual Report 2010 of Al-Arafah Islami Bank Limited
  3. Annual Report 2011 of Al-Arafah Islami Bank Limited
  4. Annual Report 2012 of Al-Arafah Islami Bank Limited
  5. Annual Report 2013 of Al-Arafah Islami Bank Limited
  6. Annual Report 2014 of Al-Arafah Islami Bank Limited
  7. Annual Report 2015 of Al-Arafah Islami Bank Limited
  8. Annual Report 2016 of Al-Arafah Islami Bank Limited