EBL declares 35pc stock dividend

Posted by BankInfo on Thu, Mar 29 2012 08:58 am

Eastern Bank Limited (EBL) has declared 35 percent stock dividend for the shareholders for the year ended on 31 December 2011.

The approval was given at the 20th annual general meeting (AGM) of the Bank held at Gulshan-2 in the city yesterday and the record date for the dividend had been set on 1 March this year, said a press release.

Md Noor Ali, Chairman of the Board of Directors of the Bank, presided over the meeting.

During the meeting, Noor Ali presented the Directors’ Report and financial statements for the year 2011 before the shareholders.

The Daily Sun/Bangladesh/ 29th March 2012

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