Dhaka Bank :: Given stock dividend and Opened New Branch

The board of directors of Dhaka Bank yesterday recommended five percent cash and 30 percent stock dividend for the year ended on December 31, 2011. The Company has also reported consolidated Earning Per Share (EPS) of Tk 6.25 and consolidated Net Asset Value (NAV) per share of Tk 25.88 for the year ended on December 31, 2011. The company will hold its Annual General Meeting (AGM) on March 29 at Bangabandhu Interna tional Conference Centre in Dhaka. The record date for the entitled dividend has been set on February 28.
Dhaka Bank has opened its 62nd branch with all modern banking facilities including an ATM booth at Jatrabari in the city recently. Mohammed Hanif, sponsor director of Dhaka Bank, formally inaugurated the new branch as chief guest where Reshadur Rahman, chairman of the Bank, was also present, said a press release. Among others, ATM Hayatuzzaman Khan, sponsor director and Altaf Hossain Sarker, former chairman, Khondker Fazle Rashid, director, Niaz Habib, managing director, Neaz Mohammad Khan, additional managing director, Sajjad Hossain, deputy managing director, Arham Masudul Huq, company secretary, along with other high officials of the Bank were also present on the occasion.

Meanwhile, the board of directors of Prime Insurance has also recommended 10 percent stock dividend for the year ended on December 31, 2011. The Company has also reported EPS of Tk 1.90, NAV per share of Tk. 15.17 and NOCFPS of Tk. 0.63 for the year ended on December 31, 2011 The company will hold an AGM on April 18 at Bangladesh Institute of Administration and Management (BIAM) in Dhaka. The record date has been set on March 1 this year.