BRAC Bank approves 15pc dividend

Staff Correspondent

30 May, 2021 12:00 AM printer

BRAC Bank approved 10 percent cash and 5 percent stock dividend for its shareholders for the year 2020.

The approval came at the 22nd Annual General Meeting (AGM) of the bank held at a virtual platform on Thursday, said a press release.

Dr Ahsan H Mansur, Chairman of the Board of BRAC Bank chaired the AGM.

Nihad Kabir, Kazi Mahmood Sattar, Asif Saleh, Fahima Choudhury, Farzana Ahmed, Dr Zahid Hussain, Meheriar M Hasan and Shameran Abed were also present at the AGM.

BRAC Bank's Managing Director and CEO Selim RF Hussain responded to the queries of the shareholders and thanked them for their unwavering trust in the bank.

BRAC Bank's Acting Company Secretary M Mahbubur Rahman, moderated the session.

The bank earlier made its Q1 '21 earnings disclosure last Monday.