Demerara Bank Limited (DBL) registered an after-tax profit of $853.4 million, almost a 5% increase over last year’s earnings.
According to DBL’s annual report, a gross profit of $1.2 billion was recorded for the year ending September 30, 2010, up from the $1 billion achieved the previous year. DBL’s after-tax profit was pegged at $853.396 million, which represents a 4.24% increase from the $818.271 million achieved in 2009.
The bank’s deposits totaled $28.9 billion,
