National Bank incurs loss of Tk985cr in H1
According to the bank's price sensitive statement filed on the Dhaka Stock Exchange, its loss was 54% higher from the previous year at the same time
National Bank incurred a loss of Tk985 crore in the first half of this year.
According to the bank's price sensitive statement filed on the Dhaka Stock Exchange, its loss was 54% higher from the previous year at the same time.
At the end of June this year, its consolidated loss per share stood at Tk3.06.
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The bank said in its report that, it incurred loss mainly due to the bank could not book interest on loan and advances due to non-recovery from defaulters. Furthermore, the bank incurred higher interest expenses on deposits and borrowings.
