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Bank Asia Limited Company Snapshot
Bank Asia Limited operates in the Commercial banks sector. In addition to historical fundamental analyses, the complete report available to purchase compares Bank Asia Limited with three other companies in this sector in BANGLADESH : Premier Bank Ltd (2020 sales of 28.13 billion Bangladeshi Taka [US$330.22 million] ), International Finance Investment & Commerce Bank Ltd (26.84 billion Bangladeshi Taka [US$315.05 million] ), and Mercantile Bank Limited (27.52 billion Bangladeshi Taka [US$323.07 million] ).

Sales Analysis. During the second quarter of 2021, sales at Bank Asia Limited totalled 7.60 billion Bangladeshi Taka. This is an increase of 13.0% from the 6.73 billion Bangladeshi Taka in sales at the company during the second quarter of 2020. During the first two quarters of 2021, sales totalled 14.45 billion Bangladeshi Taka, which is 0.9% higher than through the first two quarters of 2020. Bank Asia Limited reported sales of 27.26 billion Bangladeshi Taka (US$319.98 million) for the year ending December of 2020. This represents a decrease of 8.4% versus 2019, when the company's sales were 29.76 billion Bangladeshi Taka. Contributing to the drop in overall sales was the 95.5% decline in Islamic Banking, from 1.35 billion Bangladeshi Taka to 60.87 million Bangladeshi Taka. There were also decreases in sales in Conventional Banking (down 37.6% to 12.70 billion Bangladeshi Taka) and Off-Shore Banking Unit (down 64.2% to 417.21 million Bangladeshi Taka) and Bank Asia Securities Ltd (down 51.4% to 156.15 million Bangladeshi Taka) .
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Bank Asia Limited
  Stock Performance Chart for Bank Asia Limited
  Stock Data: Recent Stock Performance:
  Current Price (9/16/2021): 20.10
(Figures in Bangladeshi Taka)
1 Week -1.0%   13 Weeks 1.5%  
4 Weeks 10.4%   52 Weeks 8.6%  
Bank Asia Limited Key Data:
  Exchanges: OTH Major Industry: Banks
    Sub Industry: Commercial Banks
  2020 Sales 27,255,933,847
(Year Ending Jan 2021).
Employees: 2,492
  Currency: Bangladeshi Taka Market Cap: 23,434,727,886
  Fiscal Yr Ends: December Shares Outstanding: 1,165,906,860
  Share Type: Ordinary Closely Held Shares: N/A
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