HSBC Bank Bangladesh makes record profit in 2023
File Photo: Reuters
HSBC Bank reported that it made a record profit from its Bangladesh branch in the year 2023.
The Hong Kong-based multinational bank posted a 70% growth in profit, reaching at Tk999 crore in the last year.
The Bank published its audited financial statement for the last year Today.
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According to its financial statement, the bank attributed its significant profit growth in the last year to the substantial contributions from high-interest income and investment income.
During the last year, its interest income grew by 43% to Tk1,702 crore and the investment income rose by 280% to Tk806 crore, compared to the previous year.
