City Bank H1 profit hits Tk526 crore

City Bank reported a net profit of Tk526 crore for the first half of the year, driven by increased investment and fee-based income.

City Bank H1 profit hits Tk526 crore
প্রতীকী ছবি — NewsNirikh স্বয়ংক্রিয়ভাবে তৈরি

City Bank has recorded a net profit of Tk526 crore during the first half of the current year. The growth is attributed to higher earnings from investments and increased fee-based income.

Financial indicators show that the net asset value per share rose to Tk37.6, up from Tk35.37. Additionally, the net operating cash flow per share saw a significant surge, climbing to Tk44.2 from Tk13.94.

তথ্যসূত্র: The Business Standard
#City Bank#Banking#Economy#Profit