Dhaka- BRAC Bank Limited has announced 10% cash and 10% stock dividend (bonus shares) for its shareholders for the year 2013, reports in a press release.
The announcement came at the Bank’s 15th Annual General Meeting (AGM) held at BRAC-CDM, Savar on Thursday, April 10, 2014.
Chaired by Sir Fazle Hasan Abed, Chairman of BRAC Bank Limited, the meeting was attended, among others, by the Directors Muhammad A. (Rumee) Ali, Shib Narayan Kairy, Tamara Hasan Abed, Dr. Hafiz G. A. Siddiqi, Zahida Ispahani, Managing Director & CEO Syed Mahbubur Rahman and Company Secretary Rais Uddin Ahmad.
The Chairman of the Bank informed the shareholders at the AGM that the bank earned Tk. 5,925 million operating profit and Tk. 1,246 million profit-after-tax during the year 2013.
Addressing the AGM, the Bank’s Chairman expressed his gratitude to the shareholders, stakeholders and management for their continuous support to the company. A large number of shareholders also attended the AGM.