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Despite an economic slowdown in recent months, state-owned Sonali Bank PLC has registered a significant growth in making operating profit for the first six months of this calendar year.

The country’s largest commercial bank managed to bag Tk 37.05 billion as operating profit until June of this year. This accumulated half-yearly operating profits represents some 66 percent of the record making Tk 56.34 billion earned in the entire calendar year 2024. Sonali Bank PLC has made an operating profit of Tk 22.60 billion in the first six months of 2024 (January-June).

The commercial bank achieved this milestone primarily through returns from high-yielding government securities throughout the year, according to the bank officials.

Despite political instability and adverse business climate, Sonali Bank’s operating profits keeps rising because of the dynamic leadership of the management.