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Eastern Bank Limited (EBL) declares 20% Cash Dividend and 5% Stock Dividend at the 25th Annual General Meeting (AGM) held on Thursday, 27 April 2017.
The 25th Annual General Meeting (AGM) of EBL Shareholders was held on Thursday 27 April, 2017 at 10.30 A.M. at Spectra Convention Centre Limited (SCCL), Gulshan-1, Dhaka-1212.

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, Ormaan Rafay Nizam, Gazi Md. Shakhawat Hossain; Ali Reza Iftekhar, Managing Director & CEO and Safiar Rahman, DMD & Company Secretary. A large number of shareholders were also present at the meeting. M. Ghaziul Haque presented the Directors Report and Financial Statements for the year 2016 and replied to various queries of the shareholders. The shareholders unanimously approved the following dividend for the year ended 31 December 2016:

20% Cash Dividend and 5% Stock Dividend for the year ended 31 December 2016.

During the discussions, the shareholders appreciated the Board and Management for the financial performance of the bank during this challenging environment. They expressed their satisfaction for declaring such a dividend for the year 2016 which is one of the highest among similar sized (in terms of paid-up capital) commercial banks of the country.

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