Bangladesh Development Bank Ltd (BDBL), the state-run specialised bank, has earned Taka 102 crore net profit during the 2013 year, which is Taka 18 crore more than the same period of previous year.

This was informed at the 4th Annual General Meeting (AGM) of the bank at its head office here.

Chairman of BDBL Board of Directors Professor Santi Narayan Ghosh presided over the meeting, which was attended, among others, by directors Dewan Nurul Islam, Kazi Morshed Hossain Kamal, Advocate M Abdus Salam, Syed Efter Hossain Piar, M Fayekuzzaman, M Mamun-al-Rashid, professor Dr Rustom Ali Ahmed and Khalilur Rahman Siddiqui.

BDBL managing director Dr M Zillur Rahman, Additional Secretary of Bank and Financial Institution Division of Ministry of Finance Gakul Chad Dash were also present.

Speaking on the occasion, Dr Zillur Rahman said the bank has sanctioned Taka 475 crore as loans in the year 2013.

Of the amount, Taka 33.91 crore for 19 long-term projects, Taka 40.15 crore for 498 SME projects and the rest Taka 400 crore were sanctioned for other ventures.

Daily Sun/18-Jun-2014