Dutch-Bangla Bank Limited on Sunday held its 26th Annual General Meeting (AGM) virtually.
Dutch-Bangla Bank Chairman Sayem Ahmed presided over the meeting in presence of the Board of Directors of the Bank.
The chairman welcomed the honourable shareholders at the AGM.
A large number of shareholders virtually participated in the AGM of the Bank.
At the 26th AGM of the Bank, shareholders approved a 27.5 per cent Dividend. It includes a 17.5 per cent cash dividend and a 10 per cent Stock Dividend per share for the year 2021.
The Audited Financial Statements of the Bank for the year ended on December 31, 2021, were placed before the AGM.
Meanwhile, the shareholders made various observations and suggestions on the performance of the Bank for the year 2021.
In 2021, the profit before tax of the Bank stood at Tk8,132.7 million compared to Tk9,660.8 million in 2020. Profit after tax stood at Tk5,561.1 million compared to Tk5,498.7 million in 2020.
During the year review, earnings per share, attributable to shareholders, was Tk8.79 up from Tk8.69 during the previous year. Capital to Risk-weighted Asset(s) Ratio (CRAR) under Basel III stood at 16.4 per cent at the end of 2021 against the Bangladesh Bank’s minimum requirement of 12.5 per cent.
