Uttara Bank okays 22pc dividend
Uttara Bank Limited (UBL) has approved 22 per cent dividend - 20 per cent cash dividend and 2 per cent stock dividend - for its shareholders for the year that concluded on December 31, 2018
The approval came at the 36th Annual General Meeting (AGM) of the bank held at International Convention City, Bashundhara in the city's Khilkhet area on Wednesday, said a press release.
Uttara Bank Chairman Azharul Islam presided over the meeting in presence of a large number of shareholders.
UBL Vice-chairman Iftekharul Islam, Managing Director and CEO Mohammed Rabiul Hossain and other directors also attended the AGM.
The shareholders expressed their satisfaction on the overall development of the bank in the meeting. They also passed the bank's Annual Report-2018 along with the profit and loss account in the meeting.