First Security Islami Bank Ltd operates within the Commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares First Security Islami Bank Ltd with three other
companies in this sector in BANGLADESH :
sales of 33.54 billion Bangladeshi Taka [US$396.10 million]
Export Import Bank of Bangladesh Ltd
(36.51 billion Bangladeshi Taka [US$431.14 million]
Dutch Bangla Bank Ltd
(34.68 billion Bangladeshi Taka [US$409.57 million]
of which 30%
was Corporate banking).
During the first
quarter of 2021, sales at First Security Islami Bank Ltd totalled
10.13 billion Bangladeshi Taka.
This is a drop of 7.9%
from the 10.99 billion Bangladeshi Taka in sales at the company during the first quarter in 2020.
This was the biggest quarterly decline in sales at First Security Islami Bank Ltd in the previous 30 quarters.
Sales at First Security Islami Bank Ltd appear to have some seasonality: during each of the previous 8
years, sales have been highest during the fourth quarter, which has accounted for
between 26.0% and 28.9%
of the annual
During the year ended December of 2020, sales at
First Security Islami Bank Ltd were 43.98 billion Bangladeshi Taka (US$519.42 million).
increase of 8.4%
versus 2019, when the company's sales were 40.56 billion Bangladeshi Taka.
This was the fifth consecutive year of sales increases at First Security Islami Bank Ltd
(and since 2015, sales have increased a total of 79%).