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 2014 (22).
- Q3 Earnings
(Q3): As per un-audited quarterly accounts for the 3rd quarter ended on 30th September 2014 (July'14 to Sep'14), the Company has reported consolidated net profit after tax of Tk. 842.38 million with consolidated EPS of Tk. 1.58 as against Tk. 225.72 million and Tk. 0.42 respectively for the same period of the previous year. Whereas consolidated net profit after tax was Tk. 1,655.05 million with consolidated EPS of Tk. 3.10 for the period of nine months (Jan'14 to Sep'14) ended on 30.09.2014 as against Tk. 621.92 million and Tk. 1.16 respectively for the same period of the previous year.
- takeover 10% share of Cashlink Bangladesh Limited
The Company has informed that Bangladesh Bank has accorded its approval to AB Bank Limited's taking over of a further 10% shares in "Cashlink Bangladesh Limited", thereby rising its shareholding in the Company to 100%. 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 deployments 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.
- H/Y Earnings
(H/Y): As per un-audited half yearly accounts as on 30.06.2014 (Jan'14 to June'14), the Company has reported consolidated net profit after tax (excluding non-controlling interests) of Tk. 809.55 million with consolidated EPS of Tk. 1.52 as against Tk. 394.70 million and Tk. 0.74 respectively for the same period of the previous year. Whereas consolidated net profit after tax (excluding non-controlling interests) was Tk. 395.08 million with consolidated EPS of Tk. 0.74 for the period of 3 months (Apr'14 to June'14) ended on 30.06.2014 as against Tk. 188.84 million and Tk. 0.35 respectively for the same period of the previous year
- issuance of Non-Convertible Subordinated Bond
BSEC has given consent under the provisions of the Securities and Exchange Commission (Private Placement of Debt Securities) Rules, 2012, for raising of capital by AB Bank Limited amounting to Tk. 250,00,00,000.00 only through issuance of Non-Convertible Subordinated Bond. The consent has been accorded subject to the condition that the Company shall comply with the relevant laws and regulatory requirements, and also shall adhere to the conditions imposed by BSEC under Section-2CC of the Securities and Exchange Ordinance, 1969.
- The Company has informed that it has credited the Bonus shares for the year ended on December 31, 2013 to the respective
The Company has informed that it has credited the Bonus shares for the year ended on December 31, 2013 to the respective shareholders' BO Accounts on April 29, 2014. Cash Dividend for the year 2013 has been credited to the respective shareholders' Bank Accounts through BEFTN.
- (Q1): As per un-audited quarterly accounts for the 1st quarter ended on 31st March 2014 (Jan'14 to March'14), the Compan
(Q1): As per un-audited quarterly accounts for the 1st quarter ended on 31st March 2014 (Jan'14 to March'14), the Company has reported consolidated net profit after tax (excluding non-controlling interests) of Tk. 414.47 million with consolidated basic EPS of Tk. 0.83 as against Tk. 205.86 million and Tk. 0.41 respectively for the same period of the previous year. However, considering bonus share @ 7% for the year 2013, consolidated restated basic EPS is Tk. 0.78 as on 31.03.2014 and Tk. 0.39 as on 31.03.2013.
- EGM resolutions
The Company has informed that the shareholders of the Company in its EGM held on April 21, 2014 have approved the following: "Resolved that approval is hereby given by the Shareholders to increase Tire II capital of the Bank through Issuance of fully redeemable Non-Convertible 7 years variable rated (11%-13%) Subordinated Bonds up to BDT 250 Crore where the interest will be payable semiannually in arrears through Private Placement wherein the Lead Arranger and Trustee would be two different Institutions as approved by the Board of Directors of the Bank and subject to obtaining approval from the concerned Regulatory Authorities.
- The Company has informed that the shareholders of the Company in its EGM held on April 21, 2014 have approved the follow
The Company has informed that the shareholders of the Company in its EGM held on April 21, 2014 have approved the following: "Resolved that approval is hereby given by the Shareholders to increase Tire II capital of the Bank through Issuance of fully redeemable Non-Convertible 7 years variable rated (11%-13%) Subordinated Bonds up to BDT 250 Crore where the interest will be payable semiannually in arrears through Private Placement wherein the Lead Arranger and Trustee would be two different Institutions as approved by the Board of Directors of the Bank and subject to obtaining approval from the concerned Regulatory Authorities."
- Credit Rating
Credit Rating Agency of Bangladesh Limited (CRAB) has announced the surveillance rating of the Company as "AA3" in the long term and "ST-2" in the short term based on audited financial statements of the Company up to 31 December 2013 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
- Credit Rating Agency of Bangladesh Limited (CRAB) has announced the surveillance rating of the Company as "AA3" in the l
Credit Rating Agency of Bangladesh Limited (CRAB) has announced the surveillance rating of the Company as "AA3" in the long term and "ST-2" in the short term based on audited financial statements of the Company up to 31 December 2013 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
- trade resume
Normal trading of the shares of the Company will resume on 27.03.2014 after record date for AGM & EGM.
- Normal trading of the shares of the Company will resume on 27.03.2014 after record date for AGM & EGM.
Normal trading of the shares of the Company will resume on 27.03.2014 after record date for AGM & EGM.
- trade suspension
Trading of the shares of the Company will remain suspended on record date i.e., 25.03.2014 for AGM & EGM.
- Trading of the shares of the Company will remain suspended on record date i.e., 25.03.2014 for AGM & EGM.
Trading of the shares of the Company will remain suspended on record date i.e., 25.03.2014 for AGM & EGM.
- Trading of the shares of the Company will be allowed only in the Spot Market and Block/Odd lot transactions will also be
Trading of the shares of the Company 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 20.03.2014 to 24.03.2014. Trading of the shares of the Company will remain suspended on record date i.e., 25.03.2014 for AGM & EGM.
- The Board of Directors has recommended 5% cash dividend and 7% stock dividend for the year ended on December 31, 2013. T
The Board of Directors has recommended 5% cash dividend and 7% stock dividend for the year ended on December 31, 2013. The Board has also decided to issue 'AB Bank Subordinated Bond' up to Tk. 250.00 crore for Tier-II Capital subject to approval of the concerned Regulatory Authorities and EGM of the Company. Date of EGM and AGM: 21.04.2014, Time of EGM and AGM: 9:00 AM and 9:15 AM respectively, Venue: Bashundhara Convention Centre-02, Block-C, Umme Kulsum Road, Bashundhara R/A, Baridhara, Dhaka. Record date for EGM and AGM: 25.03.2014. The Company has also reported Consolidated EPS of Tk. 2.20, Consolidated NAV per share of Tk. 34.78 and Consolidated NOCFPS of Tk. 1.03 for the year ended on December 31, 2013.
- There will be no price limit on the trading of the shares of the Company today (13.03.2014) following its corporate decl
There will be no price limit on the trading of the shares of the Company today (13.03.2014) following its corporate declaration.
- The Company has further informed that a meeting of the Board of Directors will be held on March 12, 2014 at 3:00 PM to c
The Company has further informed that a meeting of the Board of Directors will be held on March 12, 2014 at 3:00 PM to consider, among others, audited financial statements of the Company for the year ended on December 31, 2013.
- The Company has further informed that due to unavoidable circumstances, the meeting which was scheduled to be held on Fe
The Company has further informed that due to unavoidable circumstances, the meeting which was scheduled to be held on February 26, 2014 at 3:00 PM to consider, among others, audited financial statements of the Company for the year ended on December 31, 2013, has been postponed. Fresh date for consideration of the above will be intimated subsequently in due course.
- As per Regulation 30 of DSE Listing Regulations, the Company has informed that a meeting of the Board of Directors will
As per Regulation 30 of DSE Listing Regulations, the Company has informed that a meeting of the Board of Directors will be held on February 26, 2014 at 3:00 PM to consider, among others, audited financial statements of the Company for the year ended on December 31, 2013.
- President & Managing Director appointed
The Company has informed that Mr. Shamim Ahmed Chaudhury has been appointed as President & Managing Director of the Company for a period of 3 years with effect from 23rd February, 2014.
- The Company has informed that Mr. Shamim Ahmed Chaudhury has been appointed as President & Managing Director of the Comp
The Company has informed that Mr. Shamim Ahmed Chaudhury has been appointed as President & Managing Director of the Company for a period of 3 years with effect from 23rd February, 2014.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.