The board of directors of One Bank offered 55 percent stock dividend for the year 2010, while the board of Dhaka Bank offered 35 percent, Prime Bank 35 percent and Lankabangla Finance 55 percent.

One Bank reported earning per share (EPS) of Tk 91.75, net asset value (NAV) per share of Tk 236.45 and net operational cash flow per share (NOCFPS) of Tk 119.18 for the year ended on December 31, 2010.

Dhaka Bank also reported EPS of Tk 6.31, NAV per share of Tk 24.74 and NOCFPS of Tk 8.59 for the year ended on December 3, 2010.

Prime Bank has also reported weighted average EPS of Tk 56.90, NAV per Share of Tk 290.30 and NOCFPS of Tk 0.48.

The Lankabangla Finance has reported consolidated net profit after tax of Tk 1,700.14 million, consolidated EPS of Tk 32, consolidated NAV per share of Tk. 90.31 and consolidated NOCFPS of Tk 19.04 for the year ended on 31.12.10. as against Tk. 744.07 million, Tk. 14.00, Tk. 47.44 and Tk. 34.87 respectively as on 31.12.09.

The Lankabangla Finance has also reported net profit after tax of Tk 403.09 million, EPS of Tk 7.59, NAV per share of Tk 23.03 and NOCFPS of Tk 0.39 for the year ended on December 31, 2010 as against Tk 350.97 million, Tk 6.61, Tk 20.11 and Tk 20.20 respectively as on December 31, 2009.

The company has further informed that the board of directors of LankaBangla Securities, a 90.91 per cent subsidiary company of LankaBangla Finance, recommended 75 per cent stock dividend for the year 2010.

The company also decided to increase the authorised capital from Tk 1 billion to Tk 5 billion subject to the approval of shareholders at the EGM and the regulatory authorities.

News: The Daily Star/ Bangladesh/ 22-Feb-2011