BullBD Old Apps Site
Home
Favorites
Recently viewed Details Chart Today news Share news Top gainer Top Looser Upcoming events
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z 0 1 2 3 4 5 6 7 8 9 All
Bank Cement Ceramics Sector Corporate Bond Engineering Financial Institutions Food & Allied Fuel & Power IT Sector Insurance Jute Life Insurance Miscellaneous Mutual Funds Paper & Printing Pharmaceuticals & Chemicals Services & Real Estate Tannery Industries Telecommunication Textile Travel & Leisure All
  • Details
  • Chart
  • News

NBL

All Eps Dividend Board Agm Q1 Q2 Q3

NBL 02-Nov-2014

(Q3): As per un-audited quarterly accounts for the 3rd quarter ended on 30th September 2014 (July'14 to Sep'14), the Company has reported consolidated net profit/(loss) after tax (excluding non-controlling interests) of Tk. 133.58 million with consolidated EPS of Tk. 0.09 as against Tk. (1,988.70) million and Tk. (1.27) respectively for the same period of the previous year. Whereas consolidated net profit/(loss) after tax (excluding non-controlling interests) was Tk. 1,327.43 million with consolidated EPS of Tk. 0.85 for the period of nine months (Jan'14 to Sep'14) ended on 30.09.2014 as against Tk. (3,856.20) million and Tk. (2.47) respectively for the same period of the previous year.

NBL 24-Jun-2014

The Company will be placed in "A" category from existing "B" category with effect from June 25, 2014 as the Company reported disbursement of 10% stock dividend for the year ended on December 31, 2013.

NBL 24-Jun-2014

The Company has informed that it has credited the bonus shares for the year ended on December 31, 2013 to the respective shareholders' BO Accounts on June 22, 2014.

NBL 26-May-2014

Credit Rating Information and Services Limited (CRISL) has rated the Company as "AA-" in the long term and "ST-2" in the short term in consideration of financials of the Company up to 31st December 2013 (audited) and other relevant quantitative as well as qualitative information up to the date of rating declaration.

NBL 25-May-2014

(continuation of news of NBL): Value of investment has been determined as follow: Items Applicable accounting value Government treasury bill (HTM) At present value Government treasury bill (HFT) At market value Bangladesh govt. treasury bond At present value Prize bond At cost BHBFC-Debenture Face value Investment in shares Book value Foreign investment in share and FDR at rolling exchange rate on balance sheet date (cont.-8)

NBL 25-May-2014

(continuation of news of NBL): (b) Held for trading Investments classified in this category are acquired principally for the purpose of selling or repurchasing in short trading or if designed as such by the management, after initial recognition, investments are measured at fair value and changes are recognised in the profit and loss account or revaluation reserve account as expense/income for the period as per provision of Bangladesh Bank circulars and BAS 39 "Financial Instruments: Recognition and Measurement." (c) Sale and repurchase agreement Securities sold under re-purchase agreement (REPO) at a fixed price on future date, the arrangement is accounted for as normal sell (outright sell) and the securities should be derecognised from the books. (cont.-7)

NBL 25-May-2014

(continuation of news of NBL): Bangladesh Bank vide letter No. DOS(SR)1153/161/2014-37 dated 04.02.2014 has approved for deferral of provision and to keep Tk. 5.00 crore in 2013 and rest of Tk. 82.18 crore will be made in 2014 on quarterly basis. Note 2.6.3 states: Investment Investments are classified broadly in three categories and accounted for as under. (a) Held to maturity Held-to-maturity investments are non-derivative financial assets with fixed or determinable payments and fixed maturities that the NBL's management has the intention and ability to hold to maturity. If the bank were to sell other than an insignificant amount of held-to-maturity assets, the entire category would be reclassified as available for sale. (cont.-6)

NBL 25-May-2014

(continuation of news of NBL): The fund account is administered by a board of trustee consisting of four (4) members. Total fund balance as on December 2013 stood Tk. 60.95 crore considering contribution to be made for the year 2013 against which fund liability stood on the same date was Tk. 86.05 crore. We have applied to Bangladesh Bank vide letter no. NBL/FAD/2014 dated 20 February 2014 (cont.-4)

NBL 25-May-2014

(continuation of news of NBL): 4. During the year 2013, the bank has charged to its profit and loss account by Tk. 301.00 crore under the expenditure head "Charges on Loan Loss" to write off some advances in terms of Bangladesh Bank BRPD Circular 02 dated 13.01.2003. Note 13.5 states: Provision for gratuity We have maintained provision for gratuity as per the approved schedule of Bangladesh Bank vide its letter no. DBI-1(Private)/82/2008-257 dated 20/02/08. As per approval of Bangladesh Bank no amount was disbursed from the fund account and accumulated interest has increased the fund position. (cont.-3)

NBL 25-May-2014

(Emphasis of Matter): The auditor of the company has reported "Emphasis of Matter" in the opinion in the audit report of the company for the year ended on 31 December 2013: "Emphasis of Matter" We draw attention to the following matters, though our opinion is not qualified in respect of the same: 1. As disclosed in note # 13.5 to the financial statements Tk. 5 crore has been maintained as a gratuity provision where gratuity provision is required Tk. 30.10 crore on the basis of NBL calculation. As a result, Tk. 25.10 crore is shortfall against gratuity provision which is permitted by Bangladesh Bank vide letter # DBI-1(DGM-4)/82/2014-689, dated 18.03.2014 to be made within the year 2016. (cont.-1)

Previous Next page