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IBBL topped on profit in the outgoing year

IBBL

At the end of the outgoing year, Islami Bank Bangladesh Limited (IBBL) has made a profit of Tk 2 thousand 646 crores. The previous year the bank made a profit of Tk 2,430 crore. Operating profit increased by Tk 216 crore during the year.

In 2022, the operating profit of the state-owned Sonali Bank was 2 thousand 500 crore taka. Compared to the previous year (2021), the company’s operating profit has increased by Tk 410 crore.

Southeast Bank also achieved an operating profit of over a thousand crore takas in 2022. In one year the operating profit of the bank was Tk 1 thousand  135 crores.

The operating profit of Mercantile Bank has been Tk 845 crores in the recent year. The previous year’s amount was Tk 722 crores.

NRBC Bank’s profit was Tk 455 crore. In 2021, the bank’s operating profit was Tk 444 crore.

In the meantime, at the end of the year, the operating profit of the private sector Social Islami Bank was Tk 550 crore. The previous year was Tk 501 crore.

State-owned Rupali Bank made a profit of Tk 211 crore. A year ago this profit amount was Tk 147 crores.

However, the profit of Jamuna Bank has been Tk 830 crore. The previous year’s profit was Tk 750 crore. Union Bank made a profit of Tk 450 crore. Last year the profit of the bank was Tk 375 crore.

The profit of Al-Arafah Islami Bank was Tk 810 crore. In 2021, the amount was 750 crores. At the end of the year, Mercantile Bank made a profit of Tk 845 crore. Last year the bank made a profit of Tk 722 crore. Besides, the profit of Southeast Bank was Tk 1 thousand 135 crores. The amount of which last year was Tk 1 thousand 16 crores.

Citizen Bank has earned an operating profit of Tk 2.54 lakh in the first year of operation (2022).

The operating profit of South Bengal Agriculture Bank has decreased in the recent year. The bank earned an operating profit of Tk 200 crore in 2022. The previous year’s profit amount was Tk 210 crores, which is the operating profit of a bank after deducting the expenses from the income. Operating profit is not the actual profit of a bank. From this profit, provision is made against defaulted loans and other assets and taxes are paid to the government. Profit after provisioning and tax is the actual or net profit of a bank.

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