Profit and Loss

GTB earned income mainly from loan interests and profit and loss of GTB for the financial of 2016-2017.-

Total Income 65.96 Billion Kyats
Total Expenditure 52.79 Billion Kyats
Net Net Profit 13.17 Billion Kyats

(Provision for Income Tax of 3.4 billion in kyats has already been deducted and prepaid to the Internal Revenue,Department.)

Awarded to GTB Bank ,Presidential Excellence Award On Income Tax Payers' Payment

GTB Bank achieves the presidential Excellence Award on top income tax payee bank, it has listed as the top fifth position among 1000 tax paying companies at in second position among all private banks for the financial year 2013-2014. In 2014-2015 financial year, GTB was listed six largest income tax payer in the whole country conferred Certificate of honour by Department of Internal Revenue of the Ministry of Finance. In 2016-2017 financial year, GTB keep the position of Country top income tax payers for three consecutive year .

Distribution of Reserved Funds & Profits

For the financial year of 2016-2017

(a) General reserved fund 25% of profit 2.4702 Billion Kyats
(b) Reserved Fund for Bad and Doubtful Depts 0.2830 Billion Kyats
(c) Reserved Fund for contingency 0.1060 Billion Kyats
(d) Shortfall into value of Securities 0.1000 Billion Kyats
(e) Dividend paid out (13%) 6.783 Billion Kyats
(f) Retained earning for the year 0.010 Billion Kyats

Non Banking Assets (Ended 2016-2017)

Non Banking Assets for the financial year of 2016-2017 is mentioned below:

(Kyat Billion)
(a) Land and Building 40.30
(b) Machinery and Equipment 3.97
(c) Computers and Accessories 0.85
(d) Motor Vehicles 2.54
(e) Furniture's etc.. 0.597
Total 48.26