Demerara Bank’s after-tax profit up by 37% this year

Demerara Bank Limited’s (DBL) profit after tax for the year 2024 zoomed up by 37% compared to last year’s figure.

According to the Bank’s financials published in today’s Stabroek News, profit after tax rose from $4.08b last year to $5.59b for the year ended September 30, 2024.

In his review, Bank Chairman Komal Samaroo noted that DBL will be celebrating 30 years in business this year.