Personal Banking

• Highest contributor of the Group in terms of net interest income, net fee and commission income and net operating income.
• Total operating income increased by 17.14% to Rs. 62.846 Bn., contributing 58.7% to the Group.
• Profit before tax increased by 5.20% to Rs. 23.497 Bn.
• Increase in impairment charges by 8.511 Bn. (1,212.39%) was driven mainly by increase in impairment provisions on stage 3 customers during 2024.
• Achieved a compound annual growth rate (CAGR) of 23.85% in profit before tax over the past 3 years, demonstrating consistent expansion and strong market performance.
• Accounted for 24% of the assets of the Group as at end of 2024.

Corporate Banking

• Profit before tax increased by 40.27% to Rs. 23.230 Bn., contributing almost 23.75% to the Group.
• Net operating income increased to Rs. 31.201 Bn. with significant increases of 62.68%. The main contributory factor for the above increases was the reversal of impairment charges and other losses by 156. 37% as a result of the derecognition of existing SLISBs under Off Shore Banking Unit.
• Accounted for almost one fifth of the assets of the Group as at end of 2024, with a growth of Rs. 88.929 Bn., during the year mainly due to increase in loans and advances portfolio.

International operations

• Significant Increase in net interest income by 27.35% due to increase in the interest income earned from investments in Bangladesh government securities and interest income earned from the loans and advances from Bangladesh customers
• Highest contributor of the Group in terms of foreign exchange profit amounting to Rs. 9.295 Bn., mainly due to the net exchange profit reported on revaluation of foreign currency denominated assets & liabilities of Bangladesh operations.
• The Bangladesh operations of the Bank made a noteworthy contribution of 91.81% of profit before tax of international operations while having the highest asset base within the segment.
• Rs. 7.759 Bn. increase in impairment reported due to additional impairment provided on credit facilities considering the prevailing uncertainties and volatilities in the Bangladesh economy.
• During 2024, CBC Bangladesh operations was adjudged the Best Foreign Bank in Bangladesh, and received the awards for Best Performance of Growth, Best Performance in Asset Quality and Best Performance in Risk Management among foreign banks operating in Bangladesh.

Dealing/Treasury

• Other income was decreased by Rs. 47.470 Bn. mainly due to the derecognition of the SLISB portfolio as a result of the finalisation of the SLISB restructuring process.
• However, the cumulative impairment on SLISB portfolio of treasury division was reversed subsequent to the restructuring, resulting a decrease in impairment charges of Rs. 102.163 Bn.
• Treasury operations manage wide array of financial activities by managing the bank’s balance sheet, striving to achieve an optimal mix that maximises returns while minimising risks, thereby ensuring long-term financial stability.
• Highest contributor of the Group in terms of total assets of Rs. 1,183 Bn., was mainly due to excess liquidity being invested in treasury related operations.

NBFI, Real Estate & Services

• Commercial Development Company PLC (CDC) was the main contributor in terms of profit before tax.
• Other income of Rs. 1.993 Bn., being highest within the Group, was earned mainly from the rental and other income contributed by CDC
• With the growing demand for technology and AI-driven operational systems in the country, CBC Tech Solutions Limited has experienced an increase in revenue, reflecting a strong market position and commitment to innovation.
• Further, there was a notable increase in the asset base of CBC Finance Limited, due to the increase in loans and advances portfolio.