Mercantile Bank PLC 2005 AR2
The report highlights Mercantile Bank Limited's financial and operational performance for the fiscal year 2005. The bank achieved significant growth, with total deposits reaching BDT 25,727.43 million and loans and advances increasing to BDT 21,857.05 million. Operating profit before tax and provision grew by 17.70% to BDT 967.23 million, while net profit after tax rose to BDT 386.83 million. The bank also emphasized its commitment to corporate social responsibility through the Mercantile Bank Foundation, contributing 1% of its operating profit to support education, sports, culture, and underprivileged communities.
Company: Mercantile Bank PLC
Sector: Finance & insurance
Country: Bangladesh
Year: 2005
Type: AR2
Pages: 104
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Mercantile Bank PLC
Annual Report
The report highlights Mercantile Bank Limited's financial and operational performance for the fiscal year 2005. The bank achieved significant growth, with total deposits reaching BDT 25,727.43 million and loans and advances increasing to BDT 21,857.05 million. Operating profit before tax and provision grew by 17.70% to BDT 967.23 million, while net profit after tax rose to BDT 386.83 million. The bank also emphasized its commitment to corporate social responsibility through the Mercantile Bank Foundation, contributing 1% of its operating profit to support education, sports, culture, and underprivileged communities.
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Document Details
Report Year
2005
Reporting Period
Jan 1, 2005 - Dec 31, 2005
Fiscal Year
2005
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees