DSE:ABBANK

AB Bank PLC. announcements

442 Dhaka Stock Exchange announcements for AB Bank PLC. (ABBANK) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2010 (36).

  1. In response to a DSE query dated 05.12.10, the Bank has informed that there is no undisclosed price sensitive informatio

    In response to a DSE query dated 05.12.10, the Bank has informed that there is no undisclosed price sensitive information of the Bank for recent unusual price hike.

  2. The Bank has informed that the Board of Directors of the Bank has approved the value of Bank's selected assets determine

    The Bank has informed that the Board of Directors of the Bank has approved the value of Bank's selected assets determined by the Surveyors at Tk. 118,18,70,320.00.

  3. The Bank has informed that Bangladesh Bank has accorded its approval to AB Bank Limited's taking over of a further 20% s

    The Bank has informed that Bangladesh Bank has accorded its approval to AB Bank Limited's taking over of a further 20% shares in "Cashlink Bangladesh Limited", thereby raising its shareholding in the company to 80%. Cashlink Bangladesh Limited (CBL) was formed as a company to carry on the business of providing integrated electronic financial payment and transaction processing solutions in Bangladesh, including co-ordination and deployment of independent branded automated teller machines (ATM) and electronic fund transfer through point of sales and to provide pre-paid card, debit card and credit card processing services. CBL also would facilitate e-commerce facility to its Member Banks.

  4. (continuation of news of ABBANK-Q3): Again, As per un-audited quarterly accounts for the 3rd quarter ended on 30th Septe

    (continuation of news of ABBANK-Q3): Again, As per un-audited quarterly accounts for the 3rd quarter ended on 30th September 2010 (July'10 to Sep'10), the Bank has also reported net profit after tax of Tk. 672.75 million with EPS of Tk. 20.99 as against Tk. 668.85 million and Tk. 20.87 (restated) respectively for the same period of the previous year. Whereas net profit after tax of the Bank was Tk. 2,635.73 million with EPS of Tk. 82.23 for the period of 9 months (Jan' 10 to Sep' 10) ended on 30.09.10 as against Tk. 2,185.26 million and Tk. 68.18 (restated) respectively for the same period of the previous year.

    The first part of this announcement is missing from the archive.
  5. (Q3): As per un-audited quarterly accounts for the 3rd quarter ended on 30th September 2010 (July'10 to Sep'10), the Ban

    (Q3): As per un-audited quarterly accounts for the 3rd quarter ended on 30th September 2010 (July'10 to Sep'10), the Bank has reported consolidated net profit after tax and minority interest of Tk. 1,073.34 million with consolidated EPS of Tk. 33.49 as against Tk. 677.21 million and Tk. 21.13 (restated) respectively for the same period of the previous year. Whereas consolidated net profit after tax and minority interest was Tk. 3,329.51 million with consolidated EPS of Tk. 103.87 for the period of nine months (Jan'10 to Sep'10) ended on 30.09.10 as against Tk. 2,220.57 million and Tk. 69.28 (restated) respectively for the same period of the previous year. (continue)

  6. The Bank has informed that it has credited the stock dividend for the year 2009 to the respective shareholders' BO Accou

    The Bank has informed that it has credited the stock dividend for the year 2009 to the respective shareholders' BO Accounts.

  7. (continuation of news of ABBANK): Again, as per un-audited half yearly accounts as on 30.06.10 (Jan' 10 to June' 10), th

    (continuation of news of ABBANK): Again, as per un-audited half yearly accounts as on 30.06.10 (Jan' 10 to June' 10), the Bank has also reported net profit after tax of Tk. 1,962.98 million with diluted EPS of Tk. 61.24 (considering bonus share @ 25% for the year 2009) as against Tk. 1,516.41 million and Tk. 47.31 (restated) respectively for the same period of the previous year. Whereas net profit after tax of the Bank was Tk. 1,122.62 million with diluted EPS of Tk. 35.02 for the period of 3 months (Apr' 10 to June' 10) ended on 30.06.10 as against Tk. 952.43 million and Tk. 29.71(restated) respectively for the same period of the previous year.

    The first part of this announcement is missing from the archive.
  8. (Repeat): As per un-audited half yearly accounts as on 30.06.10 (Jan' 10 to June' 10), the Bank has further reported con

    (Repeat): As per un-audited half yearly accounts as on 30.06.10 (Jan' 10 to June' 10), the Bank has further reported consolidated net profit after tax of Tk. 2,256.17 million with consolidated diluted EPS of Tk. 70.39 (considering bonus share @ 25% for the year 2009) as against Tk. 1,543.36 million and Tk. 48.15 (restated) respectively for the same period of the previous year. Whereas consolidated net profit after tax was Tk. 1,332.51 million with consolidated diluted EPS of Tk. 41.57 for the period of 3 months (Apr' 10 to June' 10) ended on 30.06.10 as against Tk. 969.73 million and Tk. 30.25 (restated) respectively for the same period of the previous year. (continue)

  9. (continuation of news of ABBANK): Whereas, profit after tax of the Bank was Tk.1963.00 million with diluted EPS of Tk. 6

    (continuation of news of ABBANK): Whereas, profit after tax of the Bank was Tk.1963.00 million with diluted EPS of Tk. 61.24 as per un-audited half yearly accounts as on 30.06.10 (Jan' 10 to June' 10) as against Tk. 1516.40 million and Tk. 47.31 (restated) respectively for the same period of the previous year.

    The first part of this announcement is missing from the archive.
  10. As per un-audited half yearly accounts as on 30.06.10 (Jan' 10 to June' 10), the Bank has reported consolidated profit a

    As per un-audited half yearly accounts as on 30.06.10 (Jan' 10 to June' 10), the Bank has reported consolidated profit after tax of Tk. 2256.20 million with consolidated diluted EPS of Tk. 70.39 (considering bonus share @ 25% for the year 2009) as against Tk. 1543.40 million and Tk. 48.15 (restated) respectively for the same period of the previous year (cont.)

  11. The Bank has informed that the Board of Directors of the Bank has decided to sponsor a Closed End Mutual Fund in the nam

    The Bank has informed that the Board of Directors of the Bank has decided to sponsor a Closed End Mutual Fund in the name of "AB Bank Top-100 Index Fund" to the tune of Tk. 200.00 crore. AB Bank Limited will subscribe 25% (i.e. Tk. 50.00 crore) of the fund as Sponsor and the rest will be raised through pre-IPO placement and IPO subject to approval of the Securities and Exchange Commission."

  12. The Bank has informed that Bangladesh Bank has approved purchase of a land at Dhanmondi Residential Area, Plot No. 119/A

    The Bank has informed that Bangladesh Bank has approved purchase of a land at Dhanmondi Residential Area, Plot No. 119/A (old) 23 (new), Road No. 2, Dhanmondi, Dhaka by AB Bank Limited for opening Branch, IT Disaster Recovery Site, Special Training Centre-cum-Library etc. The Board of Director's of the Bank in its 456th meeting held on April 15, 2010 decided in favour of purchase of the said Land, subject to approval by Bangladesh Bank. Total cost of the land would be Tk. 80.00 crore only excluding associated regulatory charges.

  13. The Bank has informed that Bangladesh Bank has approved Re-opening of Representative Office of AB Bank Limited in Yangon

    The Bank has informed that Bangladesh Bank has approved Re-opening of Representative Office of AB Bank Limited in Yangon, Myanmar.

  14. Mr. Sajedur Seraj, one of the Sponsors/Directors of the Bank, has further reported that he has completed his sale of 3,5

    Mr. Sajedur Seraj, one of the Sponsors/Directors of the Bank, has further reported that he has completed his sale of 3,500 shares of the Bank at prevailing market price through Stock Exchange Exchange as announced earlier.

  15. Mr. Faheemul Huq, one of the Sponsors/Directors of the Bank, has reported his intention to recieve total 27,359 (25,601+

    Mr. Faheemul Huq, one of the Sponsors/Directors of the Bank, has reported his intention to recieve total 27,359 (25,601+1,758) shares from his father, Mr. Rafique-Ul-Huq, and his mother, Mrs. Farida Huq, by way of gift outside the trading system of the Exchange within next 30 working days.

  16. Mr. Sajedur Seraj, one of the Sponsors/Directors of the Bank, has reported his intention to sell 20,000 shares out of hi

    Mr. Sajedur Seraj, one of the Sponsors/Directors of the Bank, has reported his intention to sell 20,000 shares out of his total holdings of 7,32,401 shares of the Bank at prevailing market price through Stock Exchange within next 30 working days.

  17. Mr. Ramzul Seraj, one of the Sponsors/Directors of the Bank, has further reported that he has completed his sale of 30,0

    Mr. Ramzul Seraj, one of the Sponsors/Directors of the Bank, has further reported that he has completed his sale of 30,000 shares of the Bank at prevailing market price through Stock Exchange as announced earlier.

  18. The Bank has informed that Credit Rating Agency of Bangladesh (CRAB) has rated the company as "AA3" in the long term and

    The Bank has informed that Credit Rating Agency of Bangladesh (CRAB) has rated the company as "AA3" in the long term and "ST-1" in the short term based on audited financial statements of the Bank for the year ended December 31, 2009.

  19. The Bank has further informed that Bangladesh Bank vide its letter dated 13.06.10 has accorded its approval to the Bank

    The Bank has further informed that Bangladesh Bank vide its letter dated 13.06.10 has accorded its approval to the Bank for investment of 15% in the Equity of Amana Bank Limited (ABL) of Sri Lanka.

  20. Mr. Ramzul Seraj, one of the Sponsors/Directors of the Bank, has reported his intention to sell 30,000 shares out of his

    Mr. Ramzul Seraj, one of the Sponsors/Directors of the Bank, has reported his intention to sell 30,000 shares out of his total holdings of 3,98,801 shares of the Bank at prevailing market price through Stock Exchange within next 30 working days.

  21. Mr. Sajedur Seraj, one of the Sponsors/Directors of the Bank, has reported his intention to sell 3,500 shares out of his

    Mr. Sajedur Seraj, one of the Sponsors/Directors of the Bank, has reported his intention to sell 3,500 shares out of his total holdings of 7,35,901 shares of the Bank at prevailing market price through Stock Exchange within next 30 working days.

  22. Normal trading of the shares of the Bank will resume on 23.05.10 after record date.

    Normal trading of the shares of the Bank will resume on 23.05.10 after record date.

  23. Trading of the shares of the Bank will remain suspended on record date i.e. 20.05.10.

    Trading of the shares of the Bank will remain suspended on record date i.e. 20.05.10.

  24. Mr. Sajedur Seraj, one of the Sponsors/Directors of the Bank, has reported his intention to sell 10,000 shares out of hi

    Mr. Sajedur Seraj, one of the Sponsors/Directors of the Bank, has reported his intention to sell 10,000 shares out of his total holdings of 7,45,901 shares of the Bank at prevailing market price through Stock Exchange within next 30 working days.

  25. Trading of the shares of the Bank will be allowed only in the Spot Market and Block/Odd lot transactions will also be se

    Trading of the shares of the Bank will be allowed only in the Spot Market and Block/Odd lot transactions will also be settled as per Spot settlement cycle with cum benefit from 17.05.10 to 19.05.10. Trading of the shares of the Bank will remain suspended on record date i.e. 20.05.10.

  26. The Bank has informed that Bangladesh Bank has issued the Order to release the 6.12% shares of IFIC Bank Ltd. held by Ar

    The Bank has informed that Bangladesh Bank has issued the Order to release the 6.12% shares of IFIC Bank Ltd. held by Arab Bangladesh Bank Foundation (ABBF) on May 09, 2010. These shares were ceased by Bangladesh Bank on July 13, 2008. As per the recent decision of Bangladesh Bank, above mentioned shares have been released in favour AB Securities Limited (ABSL), the newly formed Brokerage subsidiary of AB Bank Limited.

  27. (continuation of news of ABBANK): Whereas, net profit after tax of 840.36 million with basic EPS of Tk. 32.77 for the 1s

    (continuation of news of ABBANK): Whereas, net profit after tax of 840.36 million with basic EPS of Tk. 32.77 for the 1st quarter ended on 31st March 2010 (Jan'10 to Mar'10) as against Tk. 563.98 million and Tk. 21.99 (restated) respectively for the same period of the previous year. However, considering proposed bonus share @ 25% for the year 2009, diluted EPS is Tk. 26.22 as on 31.03.10 and Tk. 17.60 (restated) as on 31.03.09.

    The first part of this announcement is missing from the archive.
  28. As per un-audited quarterly accounts for the 1st quarter ended on 31st March 2010 (Jan'10 to Mar'10), the Bank has repor

    As per un-audited quarterly accounts for the 1st quarter ended on 31st March 2010 (Jan'10 to Mar'10), the Bank has reported consolidated net profit after tax of Tk. 923.67 million with consolidated basic EPS of Tk. 36.02 as against Tk. 573.62 million and Tk. 22.37 (restated) respectively for the same period of the previous year. However, considering proposed bonus share @ 25% for the year 2009, consolidated diluted EPS is Tk. 28.82 as on 31.03.10 and Tk. 17.90 (restated) as on 31.03.09. (continue)

  29. The Bank has informed that Bangladesh Bank vide its letter dated 05.05.10 has approved setting-up of an Exchange House i

    The Bank has informed that Bangladesh Bank vide its letter dated 05.05.10 has approved setting-up of an Exchange House in the name of "AB Exchange (UK) Limited" at London, United Kingdom under 100% ownership of AB Bank Limited.

  30. There will be no price limit on the trading of the shares of the Bank today (02.05.10) following its corporate declarati

    There will be no price limit on the trading of the shares of the Bank today (02.05.10) following its corporate declaration.

  31. The Board of Directors has recommended cash dividend @ 20% and stock dividend @ 25% for the year 2009. Date of AGM: 15.0

    The Board of Directors has recommended cash dividend @ 20% and stock dividend @ 25% for the year 2009. Date of AGM: 15.07.10, Time: 11:00 AM, Venue: Bangabandhu International Conference Centre, Agargaon, Sher-e-Bangla Nagar, Dhaka-1207. Record Date: 20.05.10. The Bank has also reported consolidated profit after tax of Tk. 3,417.19 million, consolidated EPS of Tk. 133.26, consolidated NAV per share of Tk. 398.59 and consolidated Net Operating Cash Flow per share of Tk. 275.02 for the year ended on 31.12.09. Whereas, profit after tax was Tk. 3,362.56 million, EPS was Tk. 131.13, NAV per share was Tk. 393.35 and Net Operating Cash Flow per share was Tk. 282.13 for the year ended on 31.12.09.

  32. As per regulation 30 of DSE Listing Regulations, the Bank has informed that a meeting of the Board of Directors of the B

    As per regulation 30 of DSE Listing Regulations, the Bank has informed that a meeting of the Board of Directors of the Bank will be held on April 29, 2010 at 4:30 p.m. to consider, among others, audited financial statements of the Bank for the year ended December 31, 2009.

  33. The Bank has informed that AB Investment Limited (ABIL), newly incorporated Subsidiary Company of AB Bank Limited, is go

    The Bank has informed that AB Investment Limited (ABIL), newly incorporated Subsidiary Company of AB Bank Limited, is going to start its operations with effect from 10th March, 2010. ABIL has been formed to deal with Merchant Banking business of the Bank, pursuant to approval from Bangladesh Bank on 09th December, 2009 to that effect.

  34. The Board of Directors of the Bank has resolved in principle to invest in Equity Shares to the extent of 15% in Amana Ba

    The Board of Directors of the Bank has resolved in principle to invest in Equity Shares to the extent of 15% in Amana Bank Ltd. (ABL) which is going to be established as a Commercial Bank to carry on Islamic Banking business in Sri Lanka, in view of the Synergic benefits to expand business activities subject to satisfactory review of the due diligence of the proposition and also relevant clearances and approval from the concerned regulatory authorities in Bangladesh and Sri Lanka respectively.

  35. The Board of Directors of the Bank has resolved to open a new branch in Kolkata, India and also approved remittance of a

    The Board of Directors of the Bank has resolved to open a new branch in Kolkata, India and also approved remittance of additional paid-up capital of USD 15.00 million for the purpose subject to relevant clearance and approval from the concerned regulatory authorities in Bangladesh and India respectively.

  36. The Bank has informed that Bangladesh Bank has accorded its approval to AB Bank Limited's taking over of a further 30% s

    The Bank has informed that Bangladesh Bank has accorded its approval to AB Bank Limited's taking over of a further 30% shares in "Cashlink Bangladesh Limited", thereby raising its shareholding in the company to 60%. Cashlink Bangladesh Limited (CBL) was formed as a company to carry on the business of providing integrated electronic financial payment and transaction processing solutions in Bangladesh, including co-ordination and deployment of independent branded automated teller machines (ATM) and electronic fund transfer through point of sales and to provide pre-paid card, debit card and credit card processing services. CBL also would facilitate e-commerce facility to its Member Banks.

Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.