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Day: November 12, 2024

BRAC Bank posts TK 1,011 crore NPAT in first nine months along with strong balance sheet performance

BRAC Bank posts TK 1,011 crore NPAT in first nine months along with strong balance sheet performance

Breaking News, Business
BRAC Bank’s consolidated Net Profit After-Tax (NPAT) registered a growth of 74% year-on -year (YoY) and reached TK 1,011 crore during the first nine months of 2024.On a standalone basis, the bank registered a NPAT growth of 64% posting TK 827 crore. The bank sustained its growth trend and delivered a 26% annualized growth in its balance sheet.While the bank’s customers’ deposits grew by 34% (annualized) to reach TK 61,602 crore, lending book recorded a growth of 14% (annualized) and stood at TK 57,413 crore at the end of September 2024. Driven by growth in both business and investment, both funded & non-funded income also grew significantly - registering a 35% YoY growth in overall revenue.Along with business growth, significant improvement in portfolio quality was ensured,...
HONOR X7c launched in Bangladesh

HONOR X7c launched in Bangladesh

Breaking News, Technology
HONOR Bangladesh, a leading technology brand, recently unveiled the HONOR X7c, a mid-range smartphone with impressive durability, long battery life, super-large storage, and ultra-clear photography, in the Bangladesh market. This durability-focused all-around performer will ensure that budget-conscious, tech-savvy customers enjoy modern functionality and reliable performance from the get-go. The all-new feature-rich X7c was launched on November 11, 2024, and is available nationwide from today, November 12, 2024, for only BDT 22,999. Also,customerswho pre-booked thephone will get their delivery along with specialpre-booking gifts - a winter jacket, a 2-yearfree service warranty, and Grameenphone exclusive internet offer. On top of that, the lucky winners will get a chance to win a free...