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12.75% Cash Dividend Approves NCC Bank

12.75% Cash Dividend Approves NCC Bank

12.75% Cash Dividend Approves NCC Bank

12.75% Cash Dividend Approves NCC Bank. The top managerial staff of National Credit and Commerce (NCC) Bank has endorsed 12.75 percent money profit for the year finished on December 31, 2015, authorities said.

The endorsement was given in the Bank’s 31st yearly broad meeting (AGM) held at the Officers’ Club, Dhaka on Monday.

Executive of NCC Bank S. M. Abu Mohsin managed the meeting, while director of the Executive Committee Md. Nurun Newaz Salim, Chairman of the Audit Committee Md. Amirul Islam FCA FCS, Directors, Managing Director and CEO Golam Hafiz Ahmed, Additional Managing Director Mosleh Uddin Ahmed and a substantial number of Shareholders were likewise present in the AGM.

The Audited Financial Statements of the bank for the year finished on December 31, 2015 alongside the chiefs and evaluators’ report subsequently set before the shareholders at the AGM and was appropriately endorsed by them.

The bank’s director S. M. Abu Mohsin in his discourse communicated that all key fields of operations of NCC Bank have recorded unfaltering development amid the year 2015 and educated the meeting that the Bank is walking forward in an innovation based environment recording steady advance with its productive HR.

Prior on March 31, 2016, the top managerial staff of the bank suggested 12.75 percent money profit for the year finished on December 31, 2015.

The bank has likewise reported solidified winning per offer (EPS) of BDT 1.57, combined net resource esteem (NAV) per offer of BDT 17.76 and united net working income per offer (NOCFPS) of BDT 2.84 for the year finished on December 31, 2015 as against BDT 1.69, BDT 16.14 and BDT 1.97 separately for the year finished on December 31, 2014.

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