Dhaka- National Credit and Commerce Bank Ltd. has approved 11% dividend (6% cash & 5% Bonus Share) for the year 2013. The approval was given in the Bank’s 29th Annual General Meeting (AGM) held at the Police Convention Hall, Dhaka on Monday (02/06/2014), reports by the authority.
Chairman of NCC Bank Ltd. Md. Nurun Newaz Salim presided over the meeting while Vice Chairman A. S. M. Mainuddin Monem, Directors, Sponsors, a large number of Shareholders and Managing Director Golam Hafiz Ahmed were also present. The Directors Report and Audited Accounts of the bank for the year ended on December 31, 2013 was placed before the Shareholders at the AGM and was duly approved by them.
Chairman Md. Nurun Newaz Salim in his speech expressed that Deposits, Advances, Profits, Foreign Exchange Business, Recovery of bad loans & Advances & other fields of activities have recorded significant improvement of NCC Bank during the year 2013. He informed the meeting that the Bank is marching ahead with modern technologies and steadily progressing with efficient human resources to safeguard the Bank’s Asset qualities, the bank is taking all required steps.
A large number of Shareholders spoke on the occassion and made various suggestions for continued growth and better performance of the Bank in the coming years.