Net profit of 15 listed banks comes down Exim Bank profit tops the list; Islami Bank gains the highest



Net profit of 15 listed banks comes down Exim Bank profit tops the list; Islami Bank gains the highest











The net profit of 15 commercial banks listed on the stock market during the first half of the current calendar year declined compared to that in the same period of last year.

As per the un-audited half-yearly report, some banks registered an increase in net profit ranging from 3.72 percent to 82 percent during the said period.

Among the banks who managed to increase their net profits, Export-Import (Exim) Bank Limited posted the highest rise in net profit by 82 percent as it earned Tk 929.9 million during January-June 2012 against Tk 510.9 million in the same period last year.

The net profit of Shahjajal Islami Bank Limited posted a surge by 37 percent, as the bank gained Tk 863.8 million in the said period compared to Tk 632.5 million in the corresponding period of last year.

Social Islami Bank Ltd (SIBL) earned Tk 552.6 million net profit during the period under review, rising by 34 percent from the profit of Tk 411.4 million.

Al-Arafah Islami Bank earned net profit worth Tk 1126.4 million in the first six month of this year, compared to Tk 997.7 million in the same period last year, indicating a jump by 13 percent.

The net profit of Mutual Trust Bank in the period totaled to Tk 403.5 million, rising by 33 percent from Tk 303.3 million last year.

Jamuna Bank earned Tk 720.2 million net profit in six month this year against Tk 573.0 million last year, rising by 24 percent.

Bangladesh Islami Bank Ltd earned the highest profit during the period this year as it earned Tk 4216.6 million in the first half this year against Tk 3510.4 million in the corresponding period of last year, rising by 20 percent.

The net profit of Rupali Bank increased to Tk 719.4 million, rising by 6 percent, while that of Mercantile Bank to Tk 699.5 million by 15 percent, Dutch-Bangla Bank Ltd to Tk 1234.5 million by 9 percent, Brac Bank Ltd to Tk 832.2 million by 5 percent, First Security Islami Bank to Tk 319.7 million by 4 percent, Pubali Bank Ltd to Tk 1238.2 million by 4 percent and Standard Bank to Tk 648.0 million by 52.83 percent.

Dhaka Bank, IFIC Bank, Premier Bank, National Bank, One Bank, UCBL, Bank Asia, NCC Bank, City Bank, AB Bank, Prime Bank, Eastern Bank, Southeast Bank, Trust Bank and Uttara Bank experienced fall in net profit during the first half of the current year.

The net profit earned by all commercial bank during the Jan-June period of the current year rose to Tk 929.9 million against Tk 510.9 million in the same period last year, indicating a rise by 82 percent.

The loss incurred by ICB Islami Bank fell to Tk 84.1 million during the period compared to Tk 913.2 million in the same period last year.




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