Bank Asia declares 15% dividend


Bank Asia dividend
Bank Asia declared 15% dividend (10% bonus share and 5% cash dividend) for the year 2014 at the 16th Annual General Meeting of the Bank held on Tuesday, 31 March, 2015 at Lady’s Club in the capital city Dhaka.
A Rouf Chowdhury, Chairman of the Bank presided over the meeting. With 10% stock dividend, the paid-up capital of the Bank would increase to Tk. 8.39 billion.
Vice Chairmen Mohd Safwan Choudhury and AM Nurul Islam, Chairman of Executive Committee Rumee A Hossain, Chairman of Audit Committee Mohammed Lakiotullah, Directors M Irfan Syeed, Shah Md Nurul Alam, Ms Sohana Rouf Chowdhury, Naheed Akhter Sinha, Mashiur Rahman, Md Nazrul Huda and Md Shahajahan Bhuiyan, and President & Managing Director Md Mehmood Husain and Additional Managing Director Aminul Islam were present.
There was a large turn-out of the shareholders in the annual general meeting. They expressed satisfaction at the overall performance of the Bank and approved the accounts for the year 2014. The meeting started in the morning with chorus of national anthem rendered by artists of Bank Asia and all the shareholders stood and lend voice to the national anthem. (source: press release)