Brac Bank PlcDSEBD: BRACBANK

BRACBANK: Net profit surged 73% to BDT 14.32B, with CRAR at 19% and a 20% dividend proposed

· Issued by Brac Bank Plc

Net profit after tax rose 73% year-over-year to BDT 14.32 billion, with strong capital adequacy, improved asset quality, and robust growth in deposits and assets. The bank maintained a 19.0% CRAR and proposed a 20% dividend for 2024.

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