Md. Nurun Newaz Salim, Chairman of NCC Bank Limited, presides over the 28th AGM of the bank at Basundhara Convention Centre in Dhaka on Monday.

National Credit and Commerce Bank Limited has approved 10 percent dividend (bonus share) for its shareholders for the year 2012.

The announcement came at the bank’s 28th Annual General Meeting (AGM) at Basundhara Convention Centre in Dhaka on Monday.

Md. Nurun Newaz Salim, Chairman of NCC Bank presided over the meeting, said a press release.

Khairul Alam Chaklader, Vice Chairman, directors, sponsors, Mohammed Nurul Amin, Managing Director and a large number of shareholders of the bank were also present.

The AGM approved the directors’ report and audited accounts of the bank for the year ended on December 31, 2012.

While speaking, Md. Nurun Newaz Salim, Chairman of the company said deposits, advances, profits, foreign exchange business,

recovery of bad loans and advances and other fields of activities have recorded significant improvement of NCC Bank during the year 2012.

A large number of shareholders spoke on the occasion and made various suggestions for continued growth and better performance of the bank in the coming years.