Business Desk :
United Commercial Bank Limited (UCB) has approved 5 per cent Stock and 5 per cent Cash dividend for the year ended 31 December 2019.
The decision was taken at its 37th Annual General Meeting holds on Thursday through virtual programme.
The meeting was presided by Bazal Ahmed, Vice-Chairman of the bank. In the backdrop of COVID 19 crisis, the AGM was conducted virtually through video conference to ensure health and safety concern, said a press release.
Bazal Ahmed. Vice Chairman of the bank in his speech to shareholders said that UCB had generated attractive financial results in the previous year. The Bank gained a tremendous growth in every arena like operating profit, loan and advances, deposit etc. He also expressed that UCB will be continuing to serve the interest of shareholders, clients and communities on the whole.
Akhter Matin Chaudhury. Independent Director & Audit Committee Chairman, MA Sabur, Risk Management Committee Chairman, Nurul Islam Chowdhury; Bashir Ahmed, Syed Kamruzzaman, Muhammed Shah Alam, Professor Dr. Md. Jonaid Shafiq, Directors, Dr. Aparup Chowdhury and Touhid Shipar Rafiquzzaman, Independent Directors virtually attended the AGM.
United Commercial Bank Limited (UCB) has approved 5 per cent Stock and 5 per cent Cash dividend for the year ended 31 December 2019.
The decision was taken at its 37th Annual General Meeting holds on Thursday through virtual programme.
The meeting was presided by Bazal Ahmed, Vice-Chairman of the bank. In the backdrop of COVID 19 crisis, the AGM was conducted virtually through video conference to ensure health and safety concern, said a press release.
Bazal Ahmed. Vice Chairman of the bank in his speech to shareholders said that UCB had generated attractive financial results in the previous year. The Bank gained a tremendous growth in every arena like operating profit, loan and advances, deposit etc. He also expressed that UCB will be continuing to serve the interest of shareholders, clients and communities on the whole.
Akhter Matin Chaudhury. Independent Director & Audit Committee Chairman, MA Sabur, Risk Management Committee Chairman, Nurul Islam Chowdhury; Bashir Ahmed, Syed Kamruzzaman, Muhammed Shah Alam, Professor Dr. Md. Jonaid Shafiq, Directors, Dr. Aparup Chowdhury and Touhid Shipar Rafiquzzaman, Independent Directors virtually attended the AGM.
