Trust Bank Limited, sponsored by
the Army Welfare Trust (AWT), is first of its kind in the country .With a
wide
range of modern corporate and consumer financial products Trust Bank has been
operating in Bangladesh since 1999 and has achieved public confidence as a
sound and stable bank. Trust Bank Limited is one of the leading private
commercial bank having a spread network of 45 branches and 5 SME center across
Bangladesh and plans to open few more branches to cover the important
commercial areas in Dhaka,
Chittagong, Sylhet and other areas in 2010.In this
report, I have tried to focus the key financial forecasting of Trust Bank
Limited (TBL). I have described some of the key financial performance factors
of TBL. In this this study I have tried to forecast key financial performance
of Trust Bank Limited from three major aspects: (1) Key Operating Results, (2)
Key Financial Position and (3) Other Business. This is a quantitative analysis
based on some key financial data of Trust Bank Limited. For trend analysis and
forecasting, secondary data have been collected from published annual report of
Trust Bank Limited for the year 2009. For processing of data and developing the
trend equation and trend line polynomial regression has been applied on the
last five years key financial data with the help of Microsoft Excel
application. In this report, polynomial showed highest R-squared
compared with other trend regression. With each equation formulated from the
polynomial regression, 2010 and 2011 value has been forecasted putting the
value of year.
The objectives of the study are to:
·
Make a bridge between past and future
performance of Trust Bank Ltd.
·
Forecast future performance based on the past
performance of Trust Bank Ltd.
·
Analyze the past growth to predict the future
growth of Trust Bank Ltd.
·
Identifying present strengths and weaknesses and
future opportunities and threats.
·
Provide better insight of the Trust Bank Ltd.
by R I
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