2010 has been a good year for our bank. We achieved many of our key objectives, made significant provisions and have strengthened our bank's foundation for a rapid growth in the coming years. We manage our Bank for the benefit of all of our key stakeholders - including shareholders, customers, employees, and the community we serve.

It is a pleasure to inform you that our bank in 2010 recorded an impressive operating profit of Taka 3,020.40 million during the year, as compared to Taka 1,678.85 million in 2009. This represents a growth of 79.91 percent over the preceding year. While, during the same period Deposits grew by 29.24 percent and Advances by 29.69 percent.

In order to ensure optimization of shareholder capital and our human resources, we continuously assess all of our businesses, based on their return on capital, overall performance and long term potential. In all of our business lines, we continue to pursue ways to reduce cost and operate more efficiently, including technological enhancement. We are also developing standards that are not merely "Common Industry Practice" but the best practices in a given area. This is being appreciated and acknowledged by our valued clients.

Our bank is extremely vigilant in terms of risks monitoring. We keep an eye on loan portfolios and amount of, and changes in, risk provision.

Client in increasing numbers are choosing to do business with our bank because it is customer-driven. No matter whether a corporate or a consumer, we constantly seek to better serve our customer. We shall adapt to changing economic conditions, while continuing to develop and enhance our products and services. Our continued customer focus will determine our success in this intensely competitive market place and we shall remain ever committed in meeting this objective. In so doing, we shall strengthen the value of ONE Bank brand.