Corporate DisclosureMERCANBANK

MERCANBANK Corporate Disclosure — 16 March 2022

Published
Last verified by BullBD

Announcement summary

What happened
MERCANBANK published a corporate disclosure on 16 March 2022. Read the full announcement for details.
Company
Mercantile Bank PLC.
Announcement published

Original announcement

(Continuation news of MERCANBANK): Reasons for declaration of stock dividend: i) Stock dividend has been declared to strengthen Tier-I capital base as per Basel III for the coming year. ii) The Bonus Shares have been declared out of accumulated profit. (cont. 2)

বাংলা অনুবাদ — BullBD

This is a BullBD translation of the published corporate disclosure.

(MERCANBANK-এর ধারাবাহিক সংবাদ): স্টক ডিভিডেন্ড ঘোষণার কারণ: i) আসন্ন বছরের জন্য Basel III অনুযায়ী টায়ার-I মূলধন ভিত্তি শক্তিশালী করার জন্য স্টক লভ্যাংশ ঘোষণা করা হয়েছে। ii) বোনাস শেয়ারগুলি সঞ্চিত লাভের বাইরে ঘোষণা করা হয়েছে৷ (চলমান 2)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
623161edcf6229bc6a0ddec1
Original publication
Last verified by BullBD
Translation
BullBD
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