HSBC Bangladesh achieved a record profit of Tk1,000 crore in 2024, marking its highest to date.
As per the bank’s financial statement, net profit rose to Tk1,086 crore last year—an increase of 9% compared to the previous year, reports TBS.
The bank managed to reduce borrowing costs and classified loans significantly, spurring it on to post record profit, according to the audited accounts.
At the end of last year, HSBC's classified loans stood at Tk319 crore, which was 54% lower compared to the previous year.
Bd-pratidin English/ Afia
