DBH Finance PLC held its 28th annual general meeting (AGM) recently where the shareholders approved a 15 per cent cash dividend for the year ending on December 31, 2023, as proposed by the company’s Board of Directors.
The meeting was held via a digital platform, according to a press release.
The company’s Chairman Nasir A Choudhury was in the chair at the meeting. The meeting was also attended by the company’s Vice Chairman AMR Chowdhury and Directors Mehreen Hassan, Syed Moinuddin Ahmed, Nazir Rahim Chowdhury, Khandkar Manwarul Islam, Maj Gen (Retd) Syeed Ahmed, Prof Imran Rahman, Managing Director and CEO Nasimul Baten, Company Secretary Jashim Uddin, along with the general shareholders.
While replying to the queries of the general shareholders, Nasimul Baten highlighted the achievement of DBH with the lowest level of Non-Performing Loan which is 0.86 per cent only. He also mentioned about various CSR projects of DBH.
The chairman in his speech, expressing satisfaction over the performance of DBH, said that despite the difficult operating conditions and overall slowdown in the economy, the company’s performance demonstrated its resilience and strength.
The initiatives undertaken by the management to improve risk management and service quality contributed positively to continuing its profit, he added hoping that this trend will continue in the future also.
