Business & Economy
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EBL approves 20pc cash dividend

M Ghaziul Haque, Chairman, Board of Directors of Eastern Bank Limited (EBL) presiding over its 26th AGM at the banks head office in the city recently. Ali Reza Iftekhar, Managing Director, Mir Nasir Hossain, AM Shaukat Ali, Md. Showkat Ali Chowdhury, Anis
M Ghaziul Haque, Chairman, Board of Directors of Eastern Bank Limited (EBL) presiding over its 26th AGM at the banks head office in the city recently. Ali Reza Iftekhar, Managing Director, Mir Nasir Hossain, AM Shaukat Ali, Md. Showkat Ali Chowdhury, Anis
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Business Desk :
Eastern Bank limited (EBL) unanimously approves 20pc cash dividend for shareholders for the year, ending on December 31, 2017 at their 26th Annual General Meeting (AGM) on Tuesday at Police Convention Hall in the city .
M. Ghaziul Haque, Chairman of the Board of Directors of the company, presided over the meeting which was attended by the Directors: Mir Nasir Hossain, A.M. Shaukat Ali, Md. Showkat Ali Chowdhury, Anis Ahmed, Meah Mohammed Abdur Rahim, Mufakkharul Islam Khasru, Gazi Md. Shakhawat Hossain, Managing Director and CEO Ali Reza Iftekhar, DMD and Company Secretary Safiar Rahman among others.
M. Ghaziul Haque presented the Directors’ Report and Financial Statements for the year 2017 in front of large number of shareholders and replied to their various queries.
The shareholders appreciated the Board and Management for the financial performance of the bank during the challenging environment. They expressed their satisfaction over declaring good dividend for the year 2017, which is one of the highest among similar sized (in terms of paid-up capital) commercial banks of the country.

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