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 2024 (30).
- Appointment of Acting Managing Director and CEO
The company has informed that the Board of Directors has appointed Mr. Syed Mizanur Rahman as Acting Managing Director & CEO of the company.
- (Q3 Un-audited): Consolidated EPS was Tk. 0.03 for July-September 2024 as against Tk. 0.13 for July-September 2023; Cons
(Q3 Un-audited): Consolidated EPS was Tk. 0.03 for July-September 2024 as against Tk. 0.13 for July-September 2023; Consolidated EPS was Tk. 0.19 for January-September 2024 as against Tk. 0.54 for January-September 2023. Consolidated NOCFPS was Tk. (45.16) for January-September 2024 as against Tk. 8.84 for January-September 2023. Consolidated NAV per share was Tk. 28.93 as on September 30, 2024 and Tk. 28.87 as on September 30, 2023.(cont.)
- Q3 Financials
(Continuation news of ABBANK): Reasons for deviation in EPS and NOCFPS: EPS has been decreased mainly due to decrease of net interest income. NOCFPS has been decreased mainly due to withdrawal of customer deposits. (end)
The first part of this announcement is missing from the archive. - Board Meeting schedule under LR 16(1)
As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on October 31, 2024 at 2:30 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended September 30, 2024.
- BSEC declines application to issue AB Bank Sub-Ordinated Bonds-V
Refer to the earlier news disseminated by DSE on 21.09.2023, the company has further informed that Bangladesh Securities and Exchange Commission (BSEC) has declined to accord consent to issue Redeemable Non- Convertible Floating Rate "AB Bank Sub-Ordinated Bonds -V" of BDT 5,000 Million. The Board of Directors of the company has decided to apply to the Bangladesh Securities and Exchange Commission for reconsideration of the said issue.
- Q2 Financials
(Q2 Un-audited): Consolidated EPS was Tk. 0.04 for April-June 2024 as against Tk. 0.31 for April-June 2023; Consolidated EPS was Tk. 0.16 for January-June 2024 as against Tk. 0.42 for January-June 2023. Consolidated NOCFPS was Tk. (28.68) for January-June 2024 as against Tk. (1.95) for January-June 2023. Consolidated NAV per share was Tk. 29.46 as on June 30, 2024 and Tk. 29.47 as on June 30, 2023.
- Board Meeting schedule under LR 16(1)
As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on July 31, 2024 at 02:30 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended June 30, 2024.
- Dividend Disbursement
The Company has informed that it has credited the Bonus Shares for the year ended December 31, 2023 to the respective shareholders' BO Accounts.
- Credit Rating Result
ARGUS Credit Rating Services Limited (ACRSL) has announced the rating of the Company as "A+" in the long term and 'ST-2' in the short term along with Negative outlook based on audited financials of the Company up to December 31, 2023; Q1FY24 (unaudited) and other relevant quantitative as well as qualitative information up to the date of rating declaration.
- Resumption after Record date
Trading of the shares of the company will resume on 04.06.2024.
- Suspension for Record date
Trading of the shares of the company will remain suspended on record date i.e., 03.06.2024 for entitlement of 2% Stock Dividend.
- Spot for entitlement of 2% Stock Dividend
Trading of the shares of the company will be allowed only in the Spot Market and Block transaction will also be settled as per spot settlement cycle with cum benefit from 30.05.2024 to 02.06.2024 and trading of the shares will remain suspended on record date i.e., 03.06.2024 for entitlement of 2% Stock Dividend.
- BSEC consent for issuance of 2% Stock Dividend
Refer to their earlier news disseminated by DSE on 23.05.2024, the company has informed that the Bangladesh Securities and Exchange Commission (BSEC) has accorded its consent for declaring 2% Stock Dividend (Bonus Shares) for the shareholders of the company for the year ended December 31, 2023. The record date for the entitlement of the said Stock Dividend (Bonus shares) will be on June 03, 2024.
- Resumption after Record date
Trading of the shares of the company will resume on 27.05.2024.
- Suspension for Record date
Trading of the shares of the company will remain suspended on record date i.e., 26.05.2024.
- Regarding stock dividend for the year ended December 31, 2023
Refer to their earlier news disseminated by DSE on 05.05.2024 regarding dividend declaration, the company has informed that they are yet to receive BSEC's consent against the declaration of the 2% stock dividend for the year ended December 31, 2023.
- Spot News
Trading of the shares of the company will be allowed only in the Spot Market and Block transaction will also be settled as per spot settlement cycle from 21.05.2024 to 23.05.2024 and trading of the shares will remain suspended on record date i.e., 26.05.2024.
- Other Matter
The auditor of the company has given the "Other Matter" paragraph in the Auditor's Report of the company for the year ended December 31, 2023. To view the details, please visit: https://www.dsebd.org/Auditors_opinion/2024/may/ABBANK2023.pdf
- The Board of Directors has recommended 2\% stock dividend to all shareholders for the year ended December 31, 2023 subje
The Board of Directors has recommended 2\% stock dividend to all shareholders for the year ended December 31, 2023 subject to approval from Bangladesh Securities and Exchange Commission. Date of AGM: 12.06.2024, Time: 10:30 AM, Venue: Hybrid System. For in physical presence: Sena Malancha, Dhaka Cantonment, Western side of Naval Headquarters on Airport Road, Dhaka-1206. For online participation: Will be notified later. Record date: 26.05.2024. (cont.1)
- (Continuation news of ABBANK): The Company has also reported Consolidated EPS of Tk. 1.02, Consolidated NAV per share of
(Continuation news of ABBANK): The Company has also reported Consolidated EPS of Tk. 1.02, Consolidated NAV per share of Tk. 29.58 and Consolidated NOCFPS of Tk. 11.20 for the year ended December 31, 2023 as against Tk. 0.81, Tk. 29.34 and Tk. (19.12) respectively for the year ended December 31, 2022. The company has also informed that Bangladesh Bank has given consent to AB Bank PLC. for declaring dividend for the year ended on December 31, 2023. (cont.2)
The first part of this announcement is missing from the archive. - (Continuation news of ABBANK): Disclosures on recommendation of stock dividend: i) Stock Dividend has been recommended t
(Continuation news of ABBANK): Disclosures on recommendation of stock dividend: i) Stock Dividend has been recommended to increase the paid-up Capital of the Bank and the Retained amount will be used to strengthen the Capital base which will help the Bank to increase business capacity. ii) Stock Dividend is declared out of accumulated profit; and (cont.3)
The first part of this announcement is missing from the archive. - Dividend Declaration
(Continuation news of ABBANK): iii) Stock Dividend is not declared from capital reserve or revaluation reserve or any unrealized gain or out of profit earned to incorporation of the company or through reducing paid up capital or through doing anything so that the post dividend retained earnings become negative or debit balance. (end)
The first part of this announcement is missing from the archive. - Price Limit Open
There will be no price limit on the trading of the shares of the Company today (05.05.2024) following its corporate declaration.
- Q1 Financials
(Q1 Un-audited): Consolidated EPS was Tk. 0.12 for January-March 2024 as against Tk. 0.13 for January-March 2023. Consolidated NOCFPS was Tk. (20.70) for January-March 2024 as against Tk. (18.05) for January-March 2023. Consolidated NAV per share was Tk. 29.67 as on March 31, 2024 and Tk. 29.25 as on March 31, 2023.
- Reschedule of Board Meeting under LR 19(1)
The Company has further informed that, due to unavoidable circumstances, the Board meeting under Regulation 19(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, will be held on May 02, 2024 at 3:00 PM instead of earlier declared April 30, 2024 at 3:00 PM to consider, among others, audited financial statements of the Company for the year ended December 31, 2023.
- Reschedule of Board Meeting under LR 16(1)
The Company has further informed that the meeting of the Board of Directors of the Company as per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, will be held on May 02, 2024 at 3:00 PM instead of April 30, 2024 at 03:00 PM to consider, among others, un-audited financial statements of the Company for First Quarter (Q1) period ended March 31, 2024.
- Reschedule of Board Meeting under LR 19(1)
The Company has further informed that, the Board meeting under LR 19(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, will be held on April 30, 2024 at 3:00 PM instead of April 29, 2024 at 3:00 PM to consider, among others, audited financial statements of the Company for the year ended December 31, 2023.
- Reschedule of Board Meeting under LR 16(1)
The Company has further informed that the meeting of the Board of Directors of the Company as per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, will be held on April 30, 2024 at 3:00 PM instead of April 29, 2024 at 03:00 PM to consider, among others, un-audited financial statements of the Company for First Quarter (Q1) period ended March 31, 2024.
- Board Meeting schedule under LR 19(1)
As per Regulation 19(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on April 29, 2024 at 03:00 PM to consider, among others, audited financial statements of the Company for the year ended December 31, 2023.
- Board Meeting schedule under LR 16(1)
As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on April 29, 2024 at 03:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended March 31, 2024.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.