Dhaka Bank registered 46 percent growth in net interest income (NII) in the first half (H1) of 2024 compared to the same period of 2023.

In the first half of 2023, the bank's NII stood at Tk 253.08 crore compared to Tk 369.390 crore in H1 of 2024.

The rise in NII also impacted operating profit, which displayed 62 percent growth over the period to hit Tk 197.65 crore, said a press release.

Total operating income grew 39 percent to Tk 240.12 crore.

The bank's net profit has grown by 15 percent year-on-year.

Its earnings per share hit Tk 1.52 in H1 2024 compared to Tk 1.33 in the same period of 2023, representing 15 percent growth.

The bank also declared a 10 percent cash dividend for the year that ended on December 31, 2023.

Three percent growth was also reported in the net asset value per share (Tk 21.98 in the first half of 2024 and Tk 21.33 in the same period of 2023), as per a price sensitive information disclosure.

According to the unaudited financial statements for H! 2024, the bank's overall balance sheet grew 10 percent.

With regards to compliance of regulatory capital, the bank's eligible total capital was Tk 3,658 crore as of June 30, 2024, whereas it was Tk 3,500 crore as of December 31, 2023. It shows a 5 percent growth in total eligible capital.

Capital to risk weighted assets ratio as per BASEL III was 14.92 percent against requirement of 12.50 percent, including 2.5 percent capital conversion buffer.