Eastern Bank Limited operates within the Commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Eastern Bank Limited with three other
companies in this sector in BANGLADESH :
Social Islami Bank Ltd
sales of 30.86 billion Bangladeshi Taka [US$365.09 million]
Mercantile Bank Limited
(31.51 billion Bangladeshi Taka [US$372.75 million]
Bank Asia Limited
(30.81 billion Bangladeshi Taka [US$364.54 million]
of which 66%
was Conventional Banking).
During the year ended December of 2019, sales at
Eastern Bank Limited were 30.31 billion Bangladeshi Taka (US$358.53 million).
increase of 15.7%
versus 2018, when the company's sales were 26.20 billion Bangladeshi Taka.
This was the third consecutive year of growth at Eastern Bank Limited.
Sales of Offshore Banking(Obu) saw an increase
that was more than double the company's growth rate: sales were up
549.6% in 2019, from
270.00 million Bangladeshi Taka to 1.75 billion Bangladeshi Taka.
Eastern Bank Limited also saw significant increases in sales in
Main Operations(Dbu) (up 69.7% to 21.84 billion Bangladeshi Taka)
Ebl Securities Limited (up 45.7% to 402.00 million Bangladeshi Taka)
Ebl Finance (Hk) Limited (up 21.4% to 323.00 million Bangladeshi Taka)
Not all segments of Eastern Bank Limited experienced an increase in sales in 2019:
sales of Ebl Investments Limited fell 75.5% to 12.00 million Bangladeshi Taka.
(However, this segment's sales were only a very small portion of the company's overall sales).
Eastern Bank Limited also experienced decreases in sales in
Ebl Asset Management Limited (down 16.0% to 21.00 million Bangladeshi Taka)