Loan provisioning weighs on earnings Earnings of listed commercial banks showed a mixed trend in the first six months this year with half of the banks posting growth in net profit. Net profit of the remaining banks declined during January-June, compared to the same period last year, according to the banks’ half-yearly disclosures made public
banks’ profit
Banks’ profits go up despite stock debacle
Private commercial banks weathered a steep downswing in the stockmarket last year to continue their profit growth. Many thought that the banks’ operating profit would come down due to the debacle in the stockmarket, as the key index of the Dhaka bourse plunged by around 37 percent in the year. But the banks proved them ... Read more
Banks’ profits beat expectations
Most private banks clocked up significant growth in profit in the six months to June despite a fall in contributions from the stockmarket although they claimed a liquidity crisis over the period. Data from 23 private commercial banks shows that 16 of them logged profit growth ranging between 8 percent and 125 percent. Thirty private ... Read more