NRBC Bank recommends 12.50pc cash dividend

Staff Correspondent

30 April, 2021 12:00 AM printer

NRB Commercial (NRBC) Bank Limited has recommended 7.50 percent cash and 5 percent stock dividend for its shareholders for the year 2020.

The decision was taken in the 119th board meeting of the board of directors held virtually in the capital on Thursday, said a press release.

Bank’s Chairman SM Parvez Tamal presided over the meeting.

Mohammed Adnan Imam, Rafikul Islam Mia Arzoo, A.M Saidur Rahman, Abu Bakr Chowdhury, Loquit Ullah, Mohammed Nazim and AKM Mostafizur Rahman, directors of bank attended the meeting.

The board also decided to hold 8th Annual General Meeting of the bank on 26 June 2021, Saturday.

The Record date for entitlement of dividend has been fixed on 31 May 2021, Monday. The meeting adopted annual audited financial statements for the ended on 31 December 2020.