Abedur Rashid Khan, Chairman, Board of Directors of Dutch Bangla Bank Limited (DBBL), seen along with other directors at the 17th AGM of the bank at a hotel in Dhaka recently.

Dutch-Bangla Bank Limited (DBBL) declares cash dividend of 40 percent, meaning Tk 4 per share of Taka 10 each, for the local shareholders and foreign sponsors and shareholders for the year 2012.

The declaration was announced at the 17th Annual General Meeting (AGM) of the bank at a hotel in Dhaka recently, said a press release. Abedur Rashid Khan, Chairman, Board of Directors of the bank presided over the meeting. The Chairman welcomed the members present in the AGM.

As per the decision of the AGM, the local sponsors of the bank will not receive any dividend.

During the AGM, a prayer was offered seeking eternal peace of the deceased garment workers and employees and early recovery of the injured in the tragic collapse of Rana Plaza building at Savar.

Sayem Ahmed, Chairman, Executive Committee of the Board, Md. Fakhrul Islam, Dr. Irshad Kamal Khan, Chowdhury M. Ashraf Hossain, Md. Yeasin Ali, Directors, KS Tabrez, MD and Md. Monirul Alam, FCS, Company Secretary, M. Sahabuddin Ahmed, founder of Dutch-Bangla Bank and Chairman of Dutch-Bangla Bank Foundation were also present in the meeting.

The financial statement of the bank for the year ended December 31, 2012 was approved in the AGM.