News Briefs (31-07-2019)

Md Nurun Newaz Salim (5th from right), Chairman of NCC Bank, presiding over the 34th Annual General Meeting (AGM) of the bank, held at Sena Malancha, Dhaka on Tuesday. Directors and Managing Director & CEO Mosleh Uddin Ahmed (4th from right) seen, among others

NCC Bank holds 34th AGM

National Credit and Commerce Bank Ltd. has approved 10 per cent dividend (5.0 per cent cash and 5.0 per cent stock) for the year 2018. The approval was given in the Bank's 34th Annual General Meeting (AGM) held at Sena Malancha, Dhaka on Tuesday. Chairman of NCC Bank Md. Nurun Newaz Salim presided over the meeting while Chairman of the Executive Committee S. M. Abu Mohsin, Director's of the Bank Engineer Abdus Salam, A.S.M Mainuddin Monem, Md. Abul Bashar, Amjadul Ferdous Chowdhury, Khairul Alam Chaklader, Md. Moinuddin, Mohammed Sazzad Un Newaz, Managing Director & CEO Mosleh Uddin Ahmed, Company Secretary Md. Monirul Alam and a large number of Shareholders were also present in the AGM.

— Statement

Beximco Pharma launches fifth product to US mkt

Beximco Pharma has commenced export of a blood pressure drug, Nadolol, to the US market. Nadolol tablets (20mg, 40mg and 80mg) are the generic equivalent of Bristol-Myers Squibb's Corgard tablets for treating hypertension and angina pectoris (chest pain). This is Beximco's fifth product for the US market following the successful launches of Carvedilol, Sotalol, Methocarbamol and Metformin. — Statement