BB bags Tk 34.8b net profit in FY12

Posted by BankInfo on Thu, Aug 30 2012 06:46 am

The Bangladesh Bank (BB) earned net profit worth Tk 34.8 billion in the immediate-past financial year (FY), according to the financial reports.

The growth in the operating profit was 122 percent over the previous FY, which was Tk 16.64 billion.

The board of directors of the central bank has approved the financial report in its Wednesday’s meeting.

The profit amount includes operating profit on providing services for monetary transfer and services and foreign currency revaluation profit.

According to the BB’s financial report, its total expenditure in the FY12 posted a 15.74 percent growth that stood to Tk 16.46 billion.

News: Daily Sun/Bangladesh/30-Aug-12

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