Market digest

Eastern Bank declares 15pc cash dividend

Staff Correspondent

6 August, 2020 12:00 AM printer

Eadtern Bank Limited (EBL) declared 15 percent cash dividend for its shareholders for the year ended on 31 December 2019.

The declaration came at the 28th Annual General Meeting of the bank held on virtual platform on Wednesday, said a press release.

Md. Showkat Ali Chowdhury, Chairman of the Board of Directors of the company, presided over the meeting which was attended by the directors M. Ghaziul Haque, Mir Nasir Hossain, Salina Ali, Anis Ahmed, Meah Mohammed Abdur Rahim, Mufakkharul Islam Khasru, Ormaan Rafay Nizam, Gazi Md. Shakhawat Hossain, Ali Reza Iftekhar, Managing Director and CEO and Md. Abdullah Al Mamun, acting Company Secretary.

A large number of shareholders also joined the meeting.

Shareholders appreciated the board and management for the financial performance of the bank despite challenging environment.