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Eastern Bank Plc (Bangladesh)

Main Activities: Commercial Banking
Full name: Eastern Bank Plc Profile Updated: April 11, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Eastern Bank Limited (EBL) is a stable and successful financial institution located in Dhaka, Bangladesh. EBL has been operating for over 30 years and is known for its consistent and sustainable growth. The bank is recognized for its customer-focused approach and commitment to service excellence. EBL aims to make banking simple and hassle-free for its customers. EBL focuses on enabling economic growth and societal progress by generating positive impact for its clients, employees, investors, and communities. The bank maintains a strong focus on asset quality, resulting in consistently low non-performing loans. EBL's financial strength is reflected in its solvency and liquidity. EBL is a leader in financing various sectors, including RMG, power, aviation, and telecom. The bank has also been involved in significant projects in Bangladesh, such as arranging financing for the Rampal power plant and the country's largest spinning mill, Badsha Textiles Ltd. EBL has partnered with VISA to provide a unique solution for member banks to maintain security in local currency, saving foreign currency outflow from the country. As a responsible corporate citizen, EBL strives to have a positive impact on society. The bank has financed Incepta Vaccine Limited to manufacture the first human vaccine in Bangladesh. EBL's vision is to become the most valuable brand in the financial services sector in Bangladesh, delivering sustainable growth and creating long-lasting value for stakeholders and the community. The bank's mission is to provide service excellence to all customers, maximize shareholders' value, and maintain a cohesive and professional team. EBL values service excellence, commitment, openness, integrity, trust, and being a responsible corporate citizen.

Headquarters
Jiban Bima Bhaban, 10, Dilkusha Commercial Area
Dhaka; Dhaka; Postal Code: 1000

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Website: http://www.ebl.com.bd

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
1992
Key Executives
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Chairman
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Chief Executive Officer
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Director/Member of the Board
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Director/Member of the Board
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Director/Member of the Board
Ownership Details
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56.52%
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30.18%
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13.3%
Subsidiaries
Allied Enterprise
100%
Ancient Steamship Company
100%
Andes Publications
100%
Company Performance
Financial values in the chart are available after Eastern Bank Plc report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency BDT. Absolute financial data is included in the purchased report.
Net interest income
19.28%
Operating profit (EBIT)
19.93%
Net Profit (Loss) for the Period
19.56%
Total assets
11.72%
Total equity
13.32%
Total Assets Trend
-5.54%
Net Interest Income Trend
N/A
Loans to Deposits Ratio
-2.49%
Loans to Asset Ratio
1.62%

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