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Bangladesh National Insurance Company Limited Result

By Hafsa Binte Omar

Bangladesh National Insurance Company Limited is a company that provides non-life insurance services. This report outlines the results of the company for the financial year ended June 30, 2020.

Bangladesh National Insurance Company Limited Result
Table Of Content:

2. Bangladesh National Insurance Company Profile: Stock ...

https://pitchbook.com/profiles/company/162925-93
Bangladesh National Insurance Company Profile: Stock ...Description. Bangladesh National Insurance Co Ltd provides general insurance products and services. It offers marine insurance, fire insurance, motor insurance  ...

3. Bangladesh National Insurance Co. Ltd. Stock Price (BNICL) | Barron's

https://www.barrons.com/quote/stock/bd/xdha/bnicl
View today's stock price, news and analysis for Bangladesh National Insurance Co. Ltd. (BNICL). Barron's also provides information on historical stock ratings, ...

4. Bangladesh National Insurance Company Limited: BNIC

https://bnicl.net/
Bangladesh National Insurance Company Limited: BNICBangladesh National Insurance Company Limited (BNIC) was incorporated in Bangladesh as a public limited company on 21 May 1996 under the Companies  ...

10. Bangladesh National Insurance Co Ltd - Insurance Company ...

https://bd.linkedin.com/in/bniclbd
Bangladesh National Insurance Co Ltd - Insurance Company ...Bangladesh National Insurance Co Ltd | Bangladesh | Insurance Company. at BNICL | 114 connections | See Bangladesh National's complete profile on ...

  • Source: Google.
  • What were the profits of Bangladesh National Insurance Company Limited for FY 20?

    Bangladesh National Insurance Company Limited earned a net profit of Tk 61.18 crore in FY 20 due to their improved underwriting and investment performance.

    What was the dividend declared by Bangladesh National Insurance Company Limited?

    The company has declared a dividend of 25% on its paid-up capital for shareholders.

    What was the operating expenses of Bangladesh National Insurance Company Ltd.?

    Operating expenses increased by 11.73% compared to last year, reaching Tk 186.90 crore in FY20 due to increased marketing activities and business expansion plans for the year.

    Conclusion:
    Overall, Bangladesh National Insurance Company limited achieved positive results in FY20 despite the challenging economic environment caused by COVID-19 pandemic. The company's expansion plan helped to increase its income during this period and it achieved its goal of providing satisfactory returns to its shareholders through dividends as well as profitability growth.

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    Hafsa Binte Omar

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