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National Bank of Bangladesh (DHA:NBL) Effective Interest Rate on Debt % : 243.17% (As of Sep. 2023)


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What is National Bank of Bangladesh Effective Interest Rate on Debt %?

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. National Bank of Bangladesh's annualized positive value of Interest Expense for the quarter that ended in Sep. 2023 was BDT30,135.00 Mil. National Bank of Bangladesh's average total debt for the quarter that ended in Sep. 2023 was BDT12,392.31 Mil. Therefore, National Bank of Bangladesh's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 was 243.17%.


National Bank of Bangladesh Effective Interest Rate on Debt % Historical Data

The historical data trend for National Bank of Bangladesh's Effective Interest Rate on Debt % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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National Bank of Bangladesh Effective Interest Rate on Debt % Chart

National Bank of Bangladesh Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 186.33 190.72 211.61 214.49 190.84

National Bank of Bangladesh Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 158.65 180.73 223.15 249.20 243.17

Competitive Comparison of National Bank of Bangladesh's Effective Interest Rate on Debt %

For the Banks - Regional subindustry, National Bank of Bangladesh's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


National Bank of Bangladesh's Effective Interest Rate on Debt % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, National Bank of Bangladesh's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where National Bank of Bangladesh's Effective Interest Rate on Debt % falls into.



National Bank of Bangladesh Effective Interest Rate on Debt % Calculation

National Bank of Bangladesh's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2022 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2021 )+Total Debt  (A: Dec. 2022 ))/ count )
=-1  *  -28306.578/( (15336.734+14329.244)/ 2 )
=-1  *  -28306.578/14832.989
=190.84 %

where

Total Debt  (A: Dec. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=15336.734 + 0
=15336.734

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=14329.244 + 0
=14329.244

National Bank of Bangladesh's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2023 )+Total Debt  (Q: Sep. 2023 ))/ count )
=-1  *  -30135.004/( (10450.802+14333.824)/ 2 )
=-1  *  -30135.004/12392.313
=243.17 %

where

Total Debt  (Q: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=10450.802 + 0
=10450.802

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=14333.824 + 0
=14333.824

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is four times the quarterly (Sep. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


National Bank of Bangladesh  (DHA:NBL) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.


National Bank of Bangladesh Effective Interest Rate on Debt % Related Terms

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National Bank of Bangladesh (DHA:NBL) Business Description

Traded in Other Exchanges
N/A
Address
116/1, Kazi Nazrul Islam Avenue, GPO Box 3424, Banglamotor, Dhaka, BGD
National Bank of Bangladesh Ltd and its subsidiaries provide banking and other financial services. Its business is divided into deposits, credit and cards divisions. These divisions provide products and services such as savings deposit, current deposit, term deposit, foreign currency deposit, monthly saving scheme, overdraft, lease financing, house building, credit to small medium enterprises, consumer credit schemes and gold and silver local and international cards.