EarningsABBANK

ABBANK Earnings Update

Published
Last verified by BullBD

Announcement summary

What happened
ABBANK published a corporate disclosure on 13 March 2014. Read the full announcement for details.
Company
AB Bank PLC.
Announcement published

Original announcement

The Board of Directors has recommended 5% cash dividend and 7% stock dividend for the year ended on December 31, 2013. The Board has also decided to issue 'AB Bank Subordinated Bond' up to Tk. 250.00 crore for Tier-II Capital subject to approval of the concerned Regulatory Authorities and EGM of the Company. Date of EGM and AGM: 21.04.2014, Time of EGM and AGM: 9:00 AM and 9:15 AM respectively, Venue: Bashundhara Convention Centre-02, Block-C, Umme Kulsum Road, Bashundhara R/A, Baridhara, Dhaka. Record date for EGM and AGM: 25.03.2014. The Company has also reported Consolidated EPS of Tk. 2.20, Consolidated NAV per share of Tk. 34.78 and Consolidated NOCFPS of Tk. 1.03 for the year ended on December 31, 2013.

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616acf6b5a6b0000400667ce
Original publication
Last verified by BullBD
Translation
BullBD
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