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 :
International Finance Investment & Commerce Bank Ltd
sales of 26.84 billion Bangladeshi Taka [US$316.93 million]
Premier Bank Ltd
(28.13 billion Bangladeshi Taka [US$332.19 million]
Mercantile Bank Limited
(27.52 billion Bangladeshi Taka [US$325.00 million]
During the first
quarter of 2021, sales at Bank Asia Limited totalled
6.85 billion Bangladeshi Taka.
This is a drop of 9.8%
from the 7.59 billion Bangladeshi Taka in sales at the company during the first quarter in 2020.
Bank Asia Limited reported sales of 27.26 billion Bangladeshi Taka (US$321.89 million)
December of 2020.
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)
Off-Shore Banking Unit (down 64.2% to 417.21 million Bangladeshi Taka)
Bank Asia Securities Ltd (down 51.4% to 156.15 million Bangladeshi Taka)