Bangladesh Bank (BB) earned a net profit of Taka 3351.82 crore in the 2013-14 financial year (FY14) with Taka 1562.78 crore transferable profit to the national exchequire, according to the Bangladesh Bank’s Account for 2013-2014.

The BB’s board of directors approved the annual account at a meeting, held on Wednesday at the central bank’s headquarters in the capital city, said a BB press release.

The earning was lower than Taka 4,152 crore of the 2012-13 financial year.

BB said that its monetary policy and money market management along with the trend in the government’s revenue collection and borrowing were reflected in the financial activities of the central bank.

Like previous year, the financial result of operations of BB has been prepared in accordance with the International Financial Reporting Standards (IFRSs) approved by the International Accounting Standards Board (IASB).