It is a broadly described annual report of Trust Bank Limited in the year of 2016. Total deposits stood at BDT 172,738 million in 2016 from BDT 150,902 million in 2015, registering a growth of 14.47 percent. Consolidated Assets of the Bank stood at BDT 211,550.05 million in 2016 as against BDT 181,906.24 million in 2015 registering a growth of 16.30%. The Bank earned consolidated operating profit of BDT 4,619 million which is 11.22 percent up from BDT 4,153 million in 2015. The Bank earned total operating income of BDT 8,237 million in 2016 compared to BDT 7,529 million recording a growth of 9.40 percent over last year. After making above provision, Consolidated Net Profit before Tax of the Bank stood at BDT 3,512.60 million in 2016 compared to BDT 3,183.32 million in 2015 which refers 10.34% growth. Consolidated Net Profit after Tax stood at BDT 2,015.82 million in the year 2016 from BDT 1,540.52 million in the year 2015 and Earnings per Share was BDT 3.98 in the year 2016 whereas it was BDT 3.04 in the year 2015. Earnings per share stood at BDT 3.98 from BDT 3.04 in 2015.
The Board of Directors of the Bank recommended @10% Stock Dividend i.e. 10 (Ten) Bonus shares for every 100 (One Hundred) shares held and @15% Cash Dividend subject to the approval of the shareholders 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 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