News Flash

Listed Banks saw slim profits in 2015, only 7.7% YoY growth (listed banks saw 6.1%YoY growth)

Banks managed to log in profits for 2015 despite a tough start to the year by way of political turmoil for the first three months.
The growth in profit was slim though, owing to lowering of lending rates and sluggish business environment.

Table: Operating Profit of the banks

Ticker

Bank Types

Operating Profit/Losses, BDT crore

% ? YoY

2014A

2015A

DHAKABANK

Non-PD

385.0

520.0

35.1%

CITYBANK

Non-PD

513.0

670.0

30.6%

SIBL

Shariah Compliant

470.0

580.0

23.4%

DUTCHBANGL

Non-PD

560.0

670.0

19.6%

SHAHJABANK

Shariah Compliant

233.0

275.0

18.0%

TRUSTBANK

Non-PD

389.0

455.0

17.0%

MTB

PD

273.0

303.0

11.0%

PREMIERBAN

Non-PD

203.0

225.0

10.8%

ONEBANKLTD

Non-PD

391.0

427.0

9.2%

NCCBANK

PD

389.0

419.0

7.7%

EXIMBANK

Shariah Compliant

615.0

660.0

7.3%

ISLAMIBANK

Shariah Compliant

1,703.0

1,807.0

6.1%

ALARABANK

Shariah Compliant

613.0

650.0

6.0%

BANKASIA

Non-PD

578.0

605.0

4.7%

IFIC

Non-PD

391.0

406.0

3.8%

PUBALIBANK

Non-PD

790.0

810.0

2.5%

EBL

Non-PD

579.0

590.0

1.9%

SOUTHEASTB

PD

832.0

835.0

0.4%

ABBANK

PD

760.0

737.0

-3.0%

PRIMEBANK

PD

662.0

634.0

-4.2%

RUPALIBANK

Non-PD

282.0

270.0

-4.3%

UCB

Non-PD

871.0

833.0

-4.4%

MERCANBANK

PD

443.0

410.0

-7.4%

STANDBANKL

Non-PD

414.0

365.0

-11.8%

BRACBANK

Non-PD

NA

NA

-

FIRSTSBANK

Shariah Compliant

NA

NA

-

ICBIBANK

Shariah Compliant

NA

NA

-

JAMUNABANK

PD

NA

NA

-

NBL

PD

NA

NA

-

UTTARABANK

PD

NA

NA

-

Total of listed 24-banks

13,339.0

14,156.0

6.1%

BASIC Bank


(111.0)

(225.0)

NM

NRB


2.2

32.0

1354.5%

NRB Global


5.0

35.0

600.0%

Midland Bank


17.0

78.0

358.8%

Megna Bank


17.0

65.0

282.4%

Union Bank


42.0

120.0

185.7%

NRB Commercial


40.0

106.0

165.0%

SBAC


32.0

81.0

153.1%

Madhumoti Bank


52.0

106.0

103.8%

BCBL


34.2

32.5

-5.0%

BDBL


183.0

111.0

-39.3%

Total of 11-Other Banks

                 313.4

                 541.5

72.8%

Total of 35-banks

             13,652.4

             14,697.5

7.7%

Source: Daily Newspaper and CBC Research, 3January 2016