Financial Highlights
As of 31st March 2024, financial indicators and financial ratios of the bank are as follows;
AML/ CFT Measures and Activities
GTB Head Office and all branches takes responsibility for strict compliance to the Anti-Money Laundering Law 2014 of Myanmar, Counter-Terrorism Law 2014 , Anti-Corruption Law 2013,United Nations International Convention for the Suppression of the Financing of Terrorism 1997, International Standards on Money Laundering and Countering Financing of Terrorism and Proliferation, the Financial Action Task Force (FATF) 40 recommendations and Working Guidelines and Instructions of Central Bank of Myanmar and Ministry of Home Affairs. GPursuant to CBM Directive 8/2019, GTB extends its Compliance Unit to Compliance Department comprising 15 Staff and appointed General Manager of International Banking Department as Chief Compliance Officer and also every head of branch manager are appointed as Compliance Officers to perform the AML/CFT functions effectively. They are required to report Cash Transaction Report (CTR) and Suspicious Transaction Report (STR) by online reporting system on time.
Financial Highlights
As of 31st March 2024, financial indicators and financial ratios of the bank are as follows;
Total Assets | 865+ bn Kyats |
Total Deposits | 588+ bn Kyats |
Total Loans | 529+ bn Kyats |
Equity | 112+ bn Kyats |
Total Income | 23+ bn Kyats |
Net Profit | 0.18+ bn Kyats |
Loan to Deposit Ratio | 90% |
Capital Adequacy Ratio | 12.12% |
Liquidity Ratio | 26.17% | >
NPL ratio | 38% (This can be attributed to the revision made under CBM Notification 17/2017 dated 7-6-2017 “Asset Classification and Provisioning Regulation”) |
Deposit to share Ratio | 10 times |
Presidential Awards on Outstanding Income Tax Payers
On 15th May 2015, GTB bank achieves the Presidential Excellence Award on outstanding Income Tax Payers and was ranked the top six among 1,000 tax paying companies, and third among all private banks for the year 2014-2015. In 2015-2016 financial year, GTB was conferred top income tax payers awarded and Certificate of honor by Department of Internal Revenue of Ministry of Finance as the six largest income tax payer (Myanmar Company) in the whole country, and for the support of country economic development. In 2016-2017 financial year, GTB was ranked 11th among 1,000 tax paying companies and 3rd among all private banks. In 2017-2018 GTB was ranked the top 5th tax payer among all private banks and 18th among 1,000 tax paying companies.