Laws of Bangladesh

The Grameen Bank Ordinance, 1983

( Ordinance NO. XLVI OF 1983 )

Disposal of profit
26. After deducting the amount credited to reserve fund under section 25 and making provisions for bad and doubtful debts, depreciation of assets and any other matters which are usually provided for by bankers, the net annual profit of the Bank remaining thereafter shall be utilised in such manner as the Board may determine.

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