Prime Bank Limited operates in the Commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Prime Bank Limited with three other
companies in this sector in BANGLADESH :
One Bank Limited
(2020
sales of 24.40 billion Bangladeshi Taka [US$286.43 million]
),
Jamuna Bank Ltd
(21.37 billion Bangladeshi Taka [US$250.88 million]
), and
National Credit And Commerce Bank Ltd
(21.85 billion Bangladeshi Taka [US$256.56 million]
).
Sales Analysis.
During the second
quarter of 2021, sales at Prime Bank Limited totalled
5.43 billion Bangladeshi Taka.
This is
practically unchanged from the previous year, and is only
an increase of 1.1%
from the 5.37 billion Bangladeshi Taka in sales at the company during the second quarter of 2020.
During the first two
quarters of 2021, sales totalled 11.79 billion Bangladeshi Taka, which is
1.4% lower
than through the first two quarters of 2020.
Prime Bank Limited reported sales of 23.27 billion Bangladeshi Taka (US$273.24 million)
for the
year ending
December of 2020.
This
represents
a
decrease of 10.7%
versus 2019, when the company's sales were 26.07 billion Bangladeshi Taka.
Contributing to the drop in overall sales was the 12.2% decline
in Conventional, from 13.24 billion Bangladeshi Taka to 11.62 billion Bangladeshi Taka.
There were also decreases in sales in
Remittance (down 1.4% to 248.42 million Bangladeshi Taka)
.
However, these declines were partially offset by the increase in sales of
Islamic (up 15.7% to 1.03 billion Bangladeshi Taka)
and
Eliminations (up 655.5% to 24.24 million Bangladeshi Taka)
.