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Trust Bank Limited (Bangladesh)

Main Activities: Commercial Banking
Full name: Trust Bank Limited Profile Updated: July 04, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Trust Bank Limited is a leading private commercial bank in Dhaka, Bangladesh. It was established in 1999 and is sponsored by the Army Welfare Trust (AWT). The bank has a wide network of 115 branches, 7 sub-branches, 256 ATM booths, and over 500 POS across the country. Trust Bank plans to open more branches in important commercial areas in Dhaka, Chittagong, Sylhet, and other areas. Trust Bank offers a range of modern corporate and consumer financial products. In 2001, the bank introduced an automated branch banking system to improve efficiency and customer service. In 2005, ATM services were introduced for customers. The bank's technology has been upgraded over the years to manage its growth and meet customer demands. In January 2007, Trust Bank launched online banking services, including Any Branch Banking, ATM Banking, Phone Banking, SMS Banking, and Internet Banking. This allows customers to deposit or withdraw money from any branch of Trust Bank nationwide without the need for multiple accounts. Trust Bank also offers Visa Electron Debit Cards, which can be used at shops and restaurants in Bangladesh and internationally. The bank is dedicated to meeting the growing expectations of its customers and places the customer at the center of its operations.

Headquarters
Shadhinata Tower, Bir Srestha Shaheed Jahangir Gate
Dhaka; Dhaka; Postal Code: 1206

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Website: http://www.tblbd.com

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:
1999
Key Executives
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Chairman
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Chief Executive Officer
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Vice Chairman
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Director/Member of the Board
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Director/Member of the Board
Ownership Details
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60%
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23.64%
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16.09%
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0.16%
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0.11%
Subsidiaries
Trust Bank Investment Ltd
100%
Trust Bank Securities Limited
100%
Company Performance
Financial values in the chart are available after Trust Bank Limited 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
10.25%
Operating profit (EBIT)
-8.5%
Net Profit (Loss) for the Period
45.63%
Total assets
8.56%
Total equity
15.38%
Total Assets Trend
-5.64%
Net Interest Income Trend
-11.94%
Loans to Deposits Ratio
0.66%
Loans to Asset Ratio
1.85%

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