Incredible profits by commercial banks in 2010, probably explain the reasons for the booming stock market at the same period. In addition, profit from increasing trade credit in the second half of the year increased with the world economy recovering from the recession. Most banks marked a rise in profit, ranging between 50.0% - 90.0%!
Source: The Daily Star, 2 January 2010
Here are the news links:
1. The Daily Star
2. The Financial Express