Financial highlights

Net interest income

+18.0%

Net interest income for the year was BD 85.8 million.

Total assets

+1.5%

Total assets increased to
BD 3,703 million.

Net profit

+6.0%

Net profit increased to
BD 56.4 million.

2012 2013 2014 2015 2016

Income statement highlights
(BD millions)

         
Net interest income 65.8 68.9 72.3 72.7 85.8
Other income 42.9 43.5 45.2 48.4 47.7
Operating expenses
50.6 54.4 46.2 49.8 53.1
Net profit 42.4 45.1 50.1 53.2 56.4
Cash dividend 10% 10% 20% 25% 30%
Stock dividend 10% 10% 5%

Financial statement highlights
(BD millions)

         
Total assets 3,108 3,231 3,501 3,646 3,703
Loans and advances 1,499 1,619 1,846 1,765 1,767
Investments 772 802 824 794 812
Customer deposits 2,205 2,353 2,471 2,643 2,494
Term borrowings 238 239 241 205 206
Total equity 290 333 359 361 474

Profitability

         
Earnings per share (fils) 46 44 47 50 49
Cost/income 46.54% 48.41% 39.33% 41.14% 39.80%
Return on average assets 1.46% 1.43% 1.49% 1.44% 1.51%
Return on average equity 16.34% 14.56% 13.93% 14.79% 13.23%
Profit per employee (BD) 38,789 45,232 48,826 52,169 54,136

Capital

         
Capital adequacy 14.29% 15.33% 15.63% 14.87% 18.48%
Equity/total assets 9.32% 10.31% 10.26% 9.89% 12.81%
Debt/equity 82.18% 71.94% 67.05% 56.74% 43.46%

Liquidity and business indicators

         
Loans and advances/total assets 48.23% 50.10% 52.74% 48.40% 47.73%
Loans and advances/customer deposits 67.98% 68.79% 74.72% 66.78% 70.86%
Investments excluding treasury bills/total assets 24.85% 24.82% 23.53% 21.77% 21.93%
Liquid assets/total assets 36.50% 33.25% 29.19% 32.04% 32.61%
Net yield ratio 2.50% 2.39% 2.32% 2.12% 2.46%
Number of employees 1,092 996 1,026 1,020 1,042