United Commercial Bank Limited (UCBL) approved 5 percent stock and 5 percent cash dividend for its shareholders for the year 2020.
The approval came at the 38th Annual General Meeting of the bank held through video conference in the capital on Thursday, said a press release.
In the AGM, shareholders have approved 5 percent stock and 5 percent cash dividend for the year ended 31 December 2020.
Managing Director of UCB Mohammed Shawkat Jamil and Chief Financial Officer Faruk Ahammad were also present at the AGM.
UCB Managing Director Mohammed Shawkat Jamil sketched the backdrop of success and the cumulative scenario of achievement of bank in his speech.
The programme was conducted by Deputy Managing Director and Company Secretary of the bank ATM Tahmiduzzaman.