Particulars

Interst income
Interest expenses
Net interest income
Non-interest income
Non-interest expenses
Net non-interest income
Earning before interest, depreciation and tax
Profi t before provision and tax
Provision for loans and assets
Profit after provision before tax
Tax including deferred tax
Profi t after tax
Balance Sheet
Particulars
Authorized capital
Paid-up capital
Total shareholders' equity
Deposits
Long-term liabilities
Loans and advances
Investments
Property, plant and equipment
Earning assets
Net current assets
Total assets
Total liabilities

2007
7,170
5,267
1,903
2,913
1,559
1,354
7,716
3,257
910
2,347
946
1,401

2008
9,096
7,126
1,970
3,808
1,931
1,877
9,741
3,847
1,384
2,463
1,232
1,232

2009
10,856
8,426
2,430
5,765
2,907
2,858
13,175
5,289
700
4,589
1,805
2,784

2010
12,147
7,824
4,323
5,472
3,618
1,853
13,643
6,176
540
5,636
2,535
3,101

2007
4,000
2,275
5,273
70,512
15,267
57,683
12,698
660
72,798
1,338
79,588
74,315

2008
10,000
2,844
6,697
88,021
31,044
75,156
23,103
1,375
100,261
9,962
110,437
103,740

2009
10,000
3,555
11,745
106,956
38,209
89,252
19,934
1,573
109,905
3,435
124,806
113,061

2010
10,000
5,776
16,908
124,574
47,918
116,057
20,484
1,695
137,577
7,349
154,342
137,434

1.03
76.98
27.14
27.15
7

1.14
83.84
18.8
19.86
6.45

1.05
80.56
27.6
28.5
10.39

1.09
76.98
25.76
26
12.3

2007
70,617
51,316
15,905
7,033

2008
91,424
68,550
22,669
10,010

2009
96,452
76,097
26,447
13,673

2010
147,704
106,943
28,433
29,000

Credit Quality
Non-performing loans (NPLs)
NPLs to total loans and advances (%)
Provision for unclassifi ed loans
Provision for classifi ed loans

2007
777
1.35
895
478

2008
1,323
1.76
1,040
734

2009
1,149
1.29
1,303
631

2010
1,368
1.18
1,463
642

Share Information
Market price per share (Taka)
No. of shares outstanding (Million)
No. of shareholders (actual)
Earnings per share (Taka)

2007
92.4
227.5
7,368
6.16

2008
53.98
284.38
9,180
4.33

2009
65.3
355.47
10,339
7.83

2010
94.45
577.64
19,748
5.69

Current ratio
Gearing ratio
Liquid asset ratio
Staturory liquidity ratio
Equity debt ratio (%)
Other Business
Import
Export
Remittance
Guarantee business

Dividend:
Effective dividend ratio (%)
Dividend cover ratio (times)
Dividend yield (%)
Market capitalization
Net asset value per share (Taka)
Price earning ratio (times)

35%
40
1.76
3.79
21,021
23.18
15.01

25%
27.78
1.73
4.63
15,349
23.55
12.46

40%
44.44
1.96
6.13
23,212
33.04
8.34

40%
49.52
1.42
4.23
54,572
29.27
16.6

Operating Performance Ratio (%)

Net interest margin on average earning assets
Net non-interest margin on average earning assets
Earning base in assets (average)
Gross profi t ratio
Net interest income as a percentage of working funds
Profi t per employee
Operating profi t as a percentage of working funds
Cost-income ratio
Credit-deposit ratio
Cost of funds on average deposits
Yield on average advance
Return on average assets
Return on average equity

2007
2.97
2.11
91.29
47.76
2.71
2.33
4.64
32.37
81.81
8.36
13.35
1.99
30.68

2008
2.28
2.17
91.07
44.77
2.07
2.48
4.05
33.42
85.38
8.55
13.52
1.3
20.58

2009
2.31
2.72
89.34
49.31
2.07
2.87
4.5
35.47
83.45
8.41
13.16
2.37
30.19

2010
3.49
1.5
88.66
55.59
3.1
2.89
4.43
36.94
93.16
6.39
11.76
2.22
21.65

Other information
No. of branches
No. of SME branches/centers
No. of employees
No. of foreign correspondents
Average earning assets
Average total assets
Average deposits
Average loans & advances
Average equity

2007
61

2008
70

2009
84
5
1,844
602
105,083
117,622
97,488
82,204
9,221

2010
94
14
2,139
621
123,741
139,574
115,765
102,654
14,327

1,400
553
64,128
70,244
62,618
51,347
4,566

1,551
518
86,530
95,013
79,266
66,420
5,985

2011
16,737
12,648
4,089
7,556
4,190
3,366
19,666
7,455
661
6,794
3,132
3,662
2011
10,000
7,798
19,139
159,816
63,379
139,409
35,378
3,975
176,303
2,262
199,950
180,812
1.02
77.86
32.62
32.96
10.58
2011
174,384
133,396
36,890
27,844
2011
1,908
1.37
1,725
778
2011
44.5
779.81
26,030
4.7

30%
40.21
1.57
6.74
34,702
24.54
9.47
2011
2.61
2.14
88.59
47.94
2.31
3.25
4.21
35.98
87.23
8.15
13.06
2.07
20.32
2011
102
17
2,292
644
156,940
177,146
142,195
127,733
18,023

Particulars
Operating Profi t
Deposit
Advance
Import
Export
Inward Remittance
Guarantee

Budget 2011
8
154
127
184
127
35
38

Actual 2011 Budget Achivement%

8.15
102
159.84
104
135.38
107
174.38
95
133.4
105
36.89
105
27.84
73

Table of Content
Topics

1.1 Origin of the report

1.2 Objective of the report
1.3 Methodology
1.3.1 Primary Source
1.3.2 Secondary Sources
1.4 Limitation of the report
2.1 Introduction
2.2 Overview of Prime Bank
2.3 Vision
2.4 Mission
2.5 Corporate philosophy
2.6 Strategic Priority
2.7 Ethics, Integrity and Trust
2.8 Green Banking
2.9 Corporate ranking
2.10 Credit rating
2.11 Efficient capital and strong asset quality
2.12 Focused Business Strategy
2.13 The PBL brand
2.14 Commitments
2.15 Award and Achievements
2.16 Corporate social Responsibility (CSR)
2.17 Corporate Governance
2.18 Distribution of Shareholders from 20082011
2.20 Subsidiaries of Prime Bank Limited
3.0 Financial Performance of Prime Bank
Limited:
3.1 Key Financial Data:
3.2 . Key Balance Sheet Items
3.3 Credit Quality:
3.4 Share Information
3.5 Operating Performance Ratio (%):
3.6 Other information:
4.0 Business Achievement and Assets Utilization
:
4.1 Achievement of Business targets in 2011
4.2 Segment Analysis
5.0 Information for Credit and Investment
Decision:

Page

5.1 Total Assets

5.2 Investment
5.3 Loans and Advances / Investments
5.4 Liabilities
5.5 Shareholders fund
5.6 Interest Income
5.7 Interest Expense
5.8 Investment Income
5.9 Total Operating Income
5.10 Total Operating Expense
5.11 Recovery against classified and written off
Loans
5.12 Dividends
5.13 Shareholders Value
6.0 Earning Performance of Prime Bank Limited:
6.1 Return on assets:
6.2 Return on Equity:
6.3 Other operating Income to Total Assets:
6.4 Return on Loans:
6.5 Earning Assets to Total Assets ratio:
6.6 Return on Capital Employed:
7.0 Evaluation of Annual Report for 2011:
8.0 Findings
Conclusion

Appendix-1: Financial Hilights

Appendix-2: Financial reports