M. Wahidul Haque, Chairman of AB Bank Limited, speaks at the 31st AGM at Bashundhara Convention Centre-2 at Bashundhara, Baridhara in Dhaka on Sunday.

AB Bank Limited approved 12.50 percent stock dividend for its shareholders for the year ended on 2012.

The approval came at the 31st Annual General Meeting (AGM) of the bank at the Bashundhara Convention Centre-2 at Bashundhara, Baridhara in Dhaka on Sunday. M. Wahidul Haque, Chairman of the bank presided over the AGM, said a press release.

The AGM also approved the annual report and the audited accounts of the bank for the year 2012. AB Bank Limited completes 31st years of successful banking recently.

Net Asset Value (NAV) of the bank stood at Tk.1,622 crore in 2012, which is 8 percent higher than the previous year. Earnings Per Share (EPS) was Tk.3.32 in 2012 which was Tk.3.15 in 2011. Total Asset of the bank stood at Tk.17,552 crore at the end of 2012 reflecting a growth of 14%.

The Credit Rating Agency of Bangladesh Limited (CRAB) awarded the bank an AA3 in the long term and ST-2 rating in the short term, indicating the bank’s strong capacity to meet financial commitments and its commendable position in terms of liquidity and internal fund generation, the AGM was told.

Md. Sayedul Hasan, Deputy Managing Director of Dutch-Bangla Bank Limited, inaugurates the 128th branch of the bank in Jhenaidah on Sunday. 

The 128th branch of Dutch-Bangla Bank Limited (DBBL) was inaugurated in Jhenidah on Sunday.
Md. Sayedul Hasan,

Deputy Managing Director of the bank inaugurated the branch, said a press release.

The branch will provide on-line banking facilities including ATM services to the clients from the opening day of the branch.

AK Azad, Chairman of the Board of Directors of Shahjalal Islami Bank Limited, seen at the “Half Yearly Business Conference for Dhaka Divisional Branches” at a hotel in Dhaka on Saturday. 

Shahjalal Islami Bank Limited (SJIBL) organised “Half Yearly Business Conference for its Dhaka Divisional Branches” at a hotel in Dhaka on Saturday.

AK Azad, Chairman of the Board of Directors of the bank inaugurated the conference as chief guest, said a press release.

Md. Abdur Rahman Sarker, Managing Director of the bank presided over the inaugural ceremony of the conference.

Abdul Malek Mollah, Director, Al-Arafah Islami Bank Limited, inaugurates the 105th branch of the bank at Moulana Abdur Rob Sarak, Vandaria, Pirojpur on Sunday. 

The 105th branch of Al-Arafah Islami Bank Limited was opened at Moulana Abdur Rob Sarak at Vandaria in Pirojpur on Sunday.

Abdul Malek Mollah, Director of the bank inaugurated the branch as chief guest, said a press release.

Md. Habibur Rahman, Managing Director of the bank delivered the welcome speech.

Rustam Ali Khan, Vice Chairman of Vandaria Union Parishad, Delowar Hossain Bepari, Gazi Abul Bashar, Samjid Mia and Saiful Hoque, local businessmen spoke at the ceremony.

Md. Nazmus Sadat, Engr. Md. Habib Ullah, Abed Ahmed Khan, Md. Aminul Islam Bhuiyan, Senior Vice Presidents and Jalal Ahmed, Assistant Vice President were also present on the occasion.

SM Khalid Hossain Talukder, Manager of the branch delivered vote of thanks. 

Shafiqul Alam, Managing Director of Jamuna Bank, is seen along with the participants at Jamuna Bank Training Institute at Ring Road in Dhaka recently.

Jamuna Bank Limited organised a foundation training course for its probationary officers at Jamuna Bank Training Institute (JBTI) at Ring Road in Dhaka recently.

Shafiqul Alam, Managing Director of the bank, presided over the course as chief guest, said a press release.