It is a broadly described annual report of One Bank Limited in the year of 2016. As on 31st December 2016, Total Assets of the Bank (excluding contingent) was Taka. 188,241.21 million compared to Taka. 154,192.85 million of 2015. The growth thus recorded was 22.08%. Deposits of the Bank grew by 16.90% during the year and stood at Tk. 153,427.66 million as at 31st December 2016 against Tk. 131,251.82 million as at 31st December 2015. The Net Interest Income decreased by 5.11% to Tk. 4,330.13 million during 2016 as against Tk.4,563.15 million during 2015. The total operating income stands at Tk. 8,221.50 million for 2016 as compared to Tk. 7,639.14 million for the previous year. The Bank has earned an operating profit of Tk. 4,275.36 million in 2016 compared to Tk. 4,147.93 million in the year 2015. After providing for provision and taxes, the Net Profit of the Bank for the year 2016 was Tk. 2,060.57 million, compared to Tk. 1,922.63 million in the previous year.
The Board of Directors of One Bank Limited has recommended @23% Dividend (10% Stock and 13% Cash Dividend) for 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 One Bank Limited: