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4 January, 2018 00:00 00 AM
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Janata Bank earns Tk 11,171cr operating profit

Sports Reporter

State-owned Janata Bank Limited made an operating profit of Tk 1,171 crore in 2017. This was the highest amount of annual profit the second largest commercial bank in the country made in the last four years, the bank said in a press statement recently.  

With this, the bank surpassed its initial target of making a profit of Tk 1,050 crore in just concluded year. The earning is Tk 165 crore more than the profit it had made in 2016.

The CEO and Managing Director of the bank Mohammad Abdus Salam Azad said the success was an outcome of a strict implementation of the directives of the board members, the release added.

He said branch managers were made accountable directly to the audit committee with respect to recovery of classified loans of the bank. Besides, after consulting case-to-case-based receivers of large loans necessary guidelines were given to the divisional head and branch managers at the managers' conference at division level.

 

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Editor : M. Shamsur Rahman

Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

Editor : M. Shamsur Rahman
Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

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