BDBL earns Tk 75crprofit

Holds 9th AGM

BP Business Desk

The 9th Annual General Meeting (AGM) of Bangladesh Development Bank Limited (BDBL) was held at the bank’s head office in Dhakaon Tuesday.

Chairman of the BDBL Board of Directors and former senior secretaryMohammad Mejbahuddin presided over the meeting, said a press release. 

ArijitChowdury, additional secretary, Financial Institutions Division of the Ministry of Finance attended the meeting as government representative. 

Directors Md. Ekhlasur Rahman, Md.AbuHanif Khan, Salma Nasreen, Kazi Tariqul Islam, Md. Abu Yusuf, SuvashChandarSarker and Deputy Managing Director (managing director in additionalcharge) Md. Abdul Matinalso attended the AGM. 

BDBL has earned an amount of Tk 74.89 crore net profit-after-tax in the year 2018. The bank disbursed Tk 556.65 crore as loans and recovered Tk 546.66 crore in 2018. BDBL has maintained more than required capital and bad-debt provision.