DBBL holds 14th AGM (Annual General Meeting)

Dutch-Bangla Bank Limited has declared bonus share @ 33.33% i.e. 01 (one) bonus share for existing every 03 (three) ordinary shares of Taka 100 each for its shareholders for the year 2009.

The dividend was declared at the 14th Annual General Meeting (AGM) of the Bank held on March 25, 2010 at Pan Pacific Sonargaon Hotel, Dhaka under the Chairmanship of Mr. Abedur Rashid Khan, Chairman, the Board of Directors of the Bank.

Among others, honorable Members of the Board, Mr. Sayem Ahmed (Chairman, Executive Committee of the Board), Mr. Zaheed Hossain Khan, Mr. Md. Fakhrul Islam, Dr. Irshad Kamal Khan, Dr. Syed Fakhrul Ameen, Mr. Chowdhury M. Ashraf Hossain and the Managing Director of the Bank Mr. Md. Yeasin Ali were present in the AGM.

In the AGM, the shareholders of the Bank were informed that the Bank earned operating profit of Tk. 2,695.72 million in 2009 as against Tk. 1,935.87 million in 2008 registering 39.25% growth. Capital Adequacy Ratio stood at 11.59% and it was above the Statutory Requirement of 10.00%.

The meeting unanimously appointed M/S. A. Qasem & Co, Chartered Accountants as the auditors of the Bank for the year 2010.

AGM 2009

AGM 2009