Sonali Bank Limited, the country's largest state-owned bank, logged the highest operating profit of Tk 21.75 billion last year, up from Tk 17.10 billion in 2019, says a statement.
The bank has achieved a satisfactory operating profit despite slower growth both in foreign trade and in private sector credit amid the coronavirus pandemic.
Celebrating the milestone achievement of 2020, the bank's CEO and Managing Director Md Ataur Rahman Prodhan cut a cake in the conference room of the bank's head office on Sunday and expressed his satisfaction over the success.
He also said the massive loan recovery drive targeting the loan defaulters also helped the bank improve its financial health.
Executives of the bank across the country joined the conference through videoconference.
Sonali Bank posts highest operating profit in 2020
FE Team | Published: January 03, 2021 22:28:04
Sonali Bank CEO and Managing Director Md Ataur Rahman Prodhan along with other officials cutting a cake at the conference room of the bank's head office on Sunday in celebration of the bank's achievement. Executives of the bank across the country joined the programme through videoconference.
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