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Eastern Bank declares 15pc cash dividend

Staff Reporter, Dhaka
Eastern Bank declares 15pc cash dividend
Showkat Ali Chowdhury, chairman of Eastern Bank Ltd, presides over the 28th AGM of the bank held on Wednesday through platform. Photo: Courtesy

Eastern Bank Ltd (EBL) declared 15 per cent cash dividend for the year ended on December, 31 2019.

Shareholders unanimously approved the dividend at the 28th annual general meeting (AGM) of the bank held on Wednesday through virtual platform, said a press release.

Showkat Ali Chowdhury, chairman of the board of directors of the company, presided over the meeting.

Directors of the bank --M Ghaziul Haque, Mir Nasir Hossain, Salina Ali, Anis Ahmed, Meah Mohammed Abdur Rahim, Mufakkharul Islam Khasru, Ormaan Rafay Nizam, Gazi Shakhawat Hossain, Managing Director and CEO Ali Reza Iftekhar and Acting Company Secretary Abdullah Al Mamun, and a large number of shareholders also joined the meeting.

Shareholders appreciated the board and management for the financial performance of the bank despite challenging environment. 

The dividend declared by EBL is one of the highest among similar sized (in terms of paid-up capital) commercial banks of the country, the statement added.

NS

 

 

 

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Editor : M. Shamsur Rahman
Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

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