National Credit and Commerce Bank Limited has approved 10 percent stock dividend for its shareholders for the year ended on 31st December in 2014.
The approval came at the bank’s 30th annual general meeting (AGM) held at the Officers’ Club in Dhaka on Wednesday, said a press release.
Md Nurun Newaz Salim, Chairman of NCC Bank Limited, presided over the meeting.
ASM Mainuddin Monem, Vice Chairman, Golam Hafiz Ahmed, Managing Director and CEO, Directors, Sponsors and a large number of shareholders were present at the meeting.
The Audited Financial Statements of the bank for the year ended on December 31, 2014 along with the Directors and Auditors’ report placed before the shareholders at the meeting. Md Nurun Newaz Salim expressed that all fields of activities of NCC Bank have recorded steady growth during the year 2014.
He informed the meeting that the bank is marching ahead with modern technologies and is steadily progressing with efficient human resources to safeguard the Bank’s Asset qualities.
In 2014, the bank inaugurated its own 22 storied Head Office building at the heart of country’s business hub in Motijheel C/A and unveiled the new logo with a slogan ‘With you Always.’
Managing Director and CEO highlighted about the bank’s steady and sustainable growth and future pragmatic steps are being taken to reach the desired goal.
A large number of shareholders expressing their satisfaction hoped that under the able leadership of the chairman, the board of directors and the management team, the bank would march ahead in the coming days also.