A Rouf Chowdhury, Chairman of Bank Asia, presides over the 14th AGM of the bank at the Officer's Club in Dhaka Sunday.

Bank Asia Limited recommended 10 percent stock dividend for its shareholders for the year 2012.

The approval was given at the 14th annual general meeting (AGM) of the bank held at the Officer's Club in Dhaka Sunday, said a press release.

A Rouf Chowdhury, Chairman of the bank, presided over the meeting.

With the declared dividend, the paid-up capital of the bank would be increased to Tk 6.93 billion and total capital fund to about Tk 13 billion