Bangladesh Bank’s profits are on the rise, driven by interest accrued from treasury bill bonds and government transactions. For the fiscal year 2024-25, the total profit has reached approximately 33 billion taka. After accounting for incidental expenses and taxes, the net profit stands at 22,600 crore taka, as reported by sources within Bangladesh Bank.
On Tuesday (August 26), the 443rd board meeting of Bangladesh Bank took place in its meeting room, chaired by Governor Dr. Ahsan H. Mansur.
As per the source, Bangladesh Bank recorded a total profit of around 40 billion taka for the fiscal year 2023-24, with a net profit of 15,300 crore taka. This indicates an increase of about 7,300 crore taka in net profit over the fiscal year.
In the previous fiscal year 2022-23, the net profit was Tk 10,748 crore.
When inquired about this, Bangladesh Bank Deputy Governor Dr. Habibur Rahman stated, “Bangladesh Bank has achieved higher profits this time compared to the last fiscal year.” He added, “Profit generation is not the primary goal of Bangladesh Bank. Nonetheless, this profit has been realized through various operational activities, which will be contributed to the government treasury.
The statement indicates that over Tk 22,600 crore has been generated from the income of the last fiscal year, which will be deposited into the government treasury. In the previous fiscal year, Tk 10,652 crore was deposited into the government treasury. From the profits, the board has sanctioned an incentive bonus equivalent to six times the basic salary for Bangladesh Bank officials.
