NCC Bank approves 30pc stock dividend
Wednesday, 30 April 2008
FE Report
National Credit and Commerce (NCC) Bank Ltd has approved 30 per cent stock dividend (bonus share) for the shareholders for the year 2007.
The approval was given at the bank's 23rd annual general meeting held at the BDR Darbar Hall in the city Tuesday.
The AGM was presided over by NCC Bank Chairman Tofazzal Hossain.
Tofazzal in his speech said the year 2007 was another milestone of success of NCC Bank. Deposits, advances, profits, foreign exchange business, recovery of bad loans and advances and other fields of activities recorded significant improvement during the year.
He said NCC Bank earned Tk 1.78 billion operating profit during the year.
National Credit and Commerce (NCC) Bank Ltd has approved 30 per cent stock dividend (bonus share) for the shareholders for the year 2007.
The approval was given at the bank's 23rd annual general meeting held at the BDR Darbar Hall in the city Tuesday.
The AGM was presided over by NCC Bank Chairman Tofazzal Hossain.
Tofazzal in his speech said the year 2007 was another milestone of success of NCC Bank. Deposits, advances, profits, foreign exchange business, recovery of bad loans and advances and other fields of activities recorded significant improvement during the year.
He said NCC Bank earned Tk 1.78 billion operating profit during the year.