EBL approves 30pc dividend | 2019-05-24 | daily-sun.com

EBL approves 30pc dividend

Business Desk

23rd May, 2019 10:14:55 printer

EBL approves 30pc dividend

Eastern Bank Chairman Md Showkat Ali Chowdhury presides over the 27th annual general meeting of the bank at Police Convention Hall in the capital on Thursday.

Eastern Bank Limited approved 20 percent cash and 10 percent stock dividend for its shareholders for the year 2018.

The approval came at the 27th Annual General Meeting (AGM) of the bank held at Police Convention Hall at Ramna on Thursday, said a press release.

EBL shareholders unanimously approved 20 percent cash and 10 percent stock dividends for the year ended on 31 December 2018. 

Md Showkat Ali Chowdhury, Chairman of the Board of Directors of the bank, presided over the AGM.

He presented the Directors’ Report and Financial Statements for the year 2018 and replied to various queries from the shareholders.

A large number of shareholders attended the AGM. EBL Directors  A.M. Shaukat Ali, Mir Nasir Hossain, Meah Mohammed Abdur Rahim, Mufakkharul Islam Khasru, Ormaan Rafay Nizam, Gazi Md. Shakhawat Hossain; Managing Director and CEO Ali Reza Iftekhar;  DMD and Company Secretary Safiar Rahman were also present.