Abu Sazzad :
Renowned private commercial bank of the country, Premier Bank Limited has achieved 13 per cent operating profit growth in the just concluded year 2015 compared to the corresponding period of 2014.
The bank’s operating profit was Tk 205.74 crore in 2015 while it was Tk 181.79 crore in 2014, according to the provisional figure of the bank.
Premier Bank has achieved tremendous growth in the field of deposit collection, loans distribution and the overall activities of import, export and remittances.
As on December 31, 2015, the total asset of the bank stood at Tk 13,171.04 crore. It was Tk 11,157.64 crore. Asset growth was 18 per cent in 2015. “The general investors are keeping trust on the bank. For this, asset of the bank is increasing every year”, said a Senior Official of the bank.
Total deposit of the bank was Tk 10,908 crore in 2015 while it was Tk 9,075 crore. Deposit collection increased by 20 per cent despite low deposit rate in the banking sector.
The bank has undertaken various innovative ideas to disburse loans with a view to boosting country’s economy.
The bank through all branches across the country has distributed Tk 9,122 crore loans in various sector of the country. It was Tk 7,006 crore in 2014. The loan disbursement growth was 30 per cent.
The bank has already proven an ideal channel for import and export transactions. In the last year 2015 the business people transacted Tk 4,897.87 crore for import payments while it was Tk 3,977.71 crore in 2014. The import transaction rose by 23 per cent.
On the other hand, the bank’s export transaction was Tk 4,315.11 crore in 2015 while it was Tk 3,196.24 crore in 2014. The export transaction increased by 35 per cent. The bank has already proven a reliable source to send the remittance from the foreign destination. Country received Tk 1,100.11 crore remittances in 2015 through the bank channel while it was Tk 607.77 crore in 2014.The remittance growth was 81 per cent.
CL ration was 3.82per cent in 2015 while it was 9 per cent in 2014. The CL ration declined at 5.18 per cent.
According to the sources, the bank’s corporate social responsible finance has also increased in the last year due to the policy support of the board of directors.
The bank is committed to provide more standard services for its customers. The bank is opening a good number of rural and urban branches with a view to ensuring banking services for the unbanked and deprived people of the country.
In the coming days, the bank planning to finance more in green projects for attaining a sustainable economy of the country.
The bank authority expected that their business would increase in the ongoing year if the political situation of the country remains stable.
Renowned private commercial bank of the country, Premier Bank Limited has achieved 13 per cent operating profit growth in the just concluded year 2015 compared to the corresponding period of 2014.
The bank’s operating profit was Tk 205.74 crore in 2015 while it was Tk 181.79 crore in 2014, according to the provisional figure of the bank.
Premier Bank has achieved tremendous growth in the field of deposit collection, loans distribution and the overall activities of import, export and remittances.
As on December 31, 2015, the total asset of the bank stood at Tk 13,171.04 crore. It was Tk 11,157.64 crore. Asset growth was 18 per cent in 2015. “The general investors are keeping trust on the bank. For this, asset of the bank is increasing every year”, said a Senior Official of the bank.
Total deposit of the bank was Tk 10,908 crore in 2015 while it was Tk 9,075 crore. Deposit collection increased by 20 per cent despite low deposit rate in the banking sector.
The bank has undertaken various innovative ideas to disburse loans with a view to boosting country’s economy.
The bank through all branches across the country has distributed Tk 9,122 crore loans in various sector of the country. It was Tk 7,006 crore in 2014. The loan disbursement growth was 30 per cent.
The bank has already proven an ideal channel for import and export transactions. In the last year 2015 the business people transacted Tk 4,897.87 crore for import payments while it was Tk 3,977.71 crore in 2014. The import transaction rose by 23 per cent.
On the other hand, the bank’s export transaction was Tk 4,315.11 crore in 2015 while it was Tk 3,196.24 crore in 2014. The export transaction increased by 35 per cent. The bank has already proven a reliable source to send the remittance from the foreign destination. Country received Tk 1,100.11 crore remittances in 2015 through the bank channel while it was Tk 607.77 crore in 2014.The remittance growth was 81 per cent.
CL ration was 3.82per cent in 2015 while it was 9 per cent in 2014. The CL ration declined at 5.18 per cent.
According to the sources, the bank’s corporate social responsible finance has also increased in the last year due to the policy support of the board of directors.
The bank is committed to provide more standard services for its customers. The bank is opening a good number of rural and urban branches with a view to ensuring banking services for the unbanked and deprived people of the country.
In the coming days, the bank planning to finance more in green projects for attaining a sustainable economy of the country.
The bank authority expected that their business would increase in the ongoing year if the political situation of the country remains stable.
