Brac Bank

Fin YearPAT (BDTmn)EPS (BDT)EPS (Growth)Cost to Income Ratio 200519212.16 -51% 200633421.10 73%49% 200761839 85%45% 2008E95660.09 55%43% 2009E1,735109.58 81%42% reference book: Annual Reports and MBD Research Investment Summary: BRAC commit Share equipment casualty BDT792 Ordinary Shares (mill)15.8 Free Float50% 12 wk gritty/Low (BDT.)746.25/1690 Average Daily Volume (Shares) 97,838 Market slap-up BDT (mill) 12,656.16 Reserve & Surplus (mill)902.03 BRAC Bank Limited, with institutional piece of groundholdings by BRAC, supranational Finance Corporation (IFC) and Shorecap International, has been the fastest growing Bank in 2004 and 2005. BRAC Bank has been rated as one of the four almost undefeated and sustainable SME Banks in the world. It also has been recognized for ICMAB Best bodily Award 2007. It had been rated as A in Long bourne and ST-2 in short term.

A fully operational commercialised Bank, BRAC Bank focuses on pursuing unexplored market niches in the Small and Medium Enterprise Business, which hitherto has remained largely untapped within the country. In the last five years of operation, the Bank has disbursed over BDT 1500 crores in loans to nearly 50,000 small and medium entrepreneurs. The instruction of the Bank believes that this sector of the economy can contribute the most to the rapid generation of employment in Bangladesh. Since inception in December 2007, the Banks footprint has grown to 36 branches, 392 SME building block offices and 67 ATM sites across the country. BRAC went public following an sign public offer (IPO) and got listed on Dhaka Stock turn (DSE) in 2006. The alliance, after approval from SEC, issued 50mn shares at Tk. 170 per share including Tk.70 premium. By the end of 2007, a major portion of the Companys shares were held by the institutions and general public, which accounted for 47.11%.... If you want to get a full essay, order it on our website: Orderessay

Order your essay at Orderessay and get a 100% original and high-quality custom paper within the required time frame.