DSE:BRACBANK

BRAC Bank PLC. announcements

410 Dhaka Stock Exchange announcements for BRAC Bank PLC. (BRACBANK) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2010 (23).

  1. In response to a DSE query, the Bank has informed that there is no undisclosed price sensitive information of the Bank f

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

  2. (continuation of news of BRACBANK): profit after tax and preference dividend of Tk. 431.40 million with EPS of Tk. 16.12

    (continuation of news of BRACBANK): profit after tax and preference dividend of Tk. 431.40 million with EPS of Tk. 16.12 as against Tk. 265.71 million and Tk. 9.93 (restated) respectively for the same period of the previous year. Whereas profit after tax and preference dividend was Tk. 1,091.05 million with EPS of Tk. 40.76 for the period of 9 months (Jan' 10 to Sep' 10) ended on 30.09.10 as against Tk. 664.26 million and Tk. 24.81 (restated) respectively for the same period of the previous year. In the footnote the Bank has reported that control on subsidiary companies were attained during Sep'09 and consolidation process were taken place during this quarter and hence July to Sep'09 quarterly consolidated profit and loss account not provided.

    The first part of this announcement is missing from the archive.
  3. (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 profit after tax, minority interest and preference dividend of Tk. 497.01 million with consolidated EPS of Tk. 18.57. Whereas consolidated profit after tax, minority interest and preference dividend was Tk. 1,240.98 million with consolidated EPS of Tk. 46.36 for the period of 9 months (Jan' 10 to Sep' 10) ended on 30.09.10 as against Tk. 685.28 million and Tk. 25.60 (restated) respectively for the same period of the previous year. 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 (continue)

  4. The Bank has further informed that the objective of issuance of Subordinated Convertible Bonds is to comply with regulat

    The Bank has further informed that the objective of issuance of Subordinated Convertible Bonds is to comply with regulatory requirement of Bangladesh Bank.

  5. SEC has approved the Bank to the further issuance of 30,00,000 Subordinated 25% Convertible Bonds of Tk. 1,000.00 each w

    SEC has approved the Bank to the further issuance of 30,00,000 Subordinated 25% Convertible Bonds of Tk. 1,000.00 each worth face value of Tk. 30.00 crore only through Repeat Public Offer and also approved the prospectus of BRAC Bank Limited concerning the issue subject to the conditions imposed under section-2CC of the Securities and Exchange Ordinance, 1969.

  6. 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. 839.33 million with consolidated EPS of Tk. 30.82. Whereas consolidated profit after tax was Tk. 512.89 million with consolidated EPS of Tk. 18.62 for the period of 3 months (Apr' 10 to June' 10) ended on 30.06.10. Again, as per un-audited half yearly accounts as on 30.06.10 (Jan' 10 to June' 10), the Bank has also reported profit after tax of Tk. 673.99 million with EPS of Tk. 24.64 (cont.)

  7. (Continuation of news of BRACBANK): as against Tk. 412.90 million and Tk. 14.89 (restated) respectively for the same per

    (Continuation of news of BRACBANK): as against Tk. 412.90 million and Tk. 14.89 (restated) respectively for the same period of the previous year. Whereas profit after tax of the Bank was Tk. 385.43 million with EPS of Tk. 13.86 for the period of 3 months (Apr' 10 to June' 10) ended on 30.06.10 as against Tk. 163.13 million and Tk. 5.56 (restated) respectively for the same period of the previous year.

    The first part of this announcement is missing from the archive.
  8. ShoreCap International Limited, International Finance Corporation (IFC) and BRAC, all are Corporate Sponsors/Directors o

    ShoreCap International Limited, International Finance Corporation (IFC) and BRAC, all are Corporate Sponsors/Directors of the Bank, have further reported that they have completed their sale/buy of total 13,34,203 shares of the Bank at prevailing market price through Stock Exchange as announced earlier.

  9. 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-2" in the short term based on audited financial statements of the Bank for the year ended December 31, 2009.

  10. The Bank has informed that the Share Department of the Bank has been relocated at Head Office, Annexe-1 (4th Floor), Hou

    The Bank has informed that the Share Department of the Bank has been relocated at Head Office, Annexe-1 (4th Floor), House # 02, Road # 137, Gulshan-1, Dhaka-1212.

  11. In response to a DSE query, the Bank has informed that there is no undisclosed price sensitive information of the Bank f

    In response to a DSE query, the Bank has informed that there is no undisclosed price sensitive information of the Bank for recent unusual price hike. The Bank has also informed that that it has recently been awarded "The Sustainable Bank of the year 2010" at the FT Sustainable Banking Awards-2010. The award was jointly announced by Financial Times newspaper and International Finance Corporation (IFC) which was published in the daily newspaper earlier.

  12. ShoreCap International Limited and International Finance Corporation (IFC), both are Corporate Sponsors/Directors of the

    ShoreCap International Limited and International Finance Corporation (IFC), both are Corporate Sponsors/Directors of the Bank, has reported their intention to sell 12,07,765 and 1,26,438 shares out of their total holdings of 14,38,949 and 15,60,711 shares respectively while BRAC, another Corporate Sponsor/Director of the Bank, has reported its intention to buy total 13,34,203 (12,07,765+1,26,438) shares of the Bank (In the Block Market) at prevailing market price through Stock Exchange within next 30 working days.

  13. SEC has given consent under the provisions of the Securities and Exchange Commission (Issue of Capital) Rules, 2001, for

    SEC has given consent under the provisions of the Securities and Exchange Commission (Issue of Capital) Rules, 2001, for issuance of 27,00,000 Subordinated Convertible Bond of Tk. 1,000.00 each at par worth of Tk. 270.00 crore only through private placement. The consent has been accorded subject to the condition that the Bank shall comply with the relevant laws and Regulatory Requirements and shall also adhere to the conditions imposed by SEC under Section-2CC of the Securities and Exchange Ordinance, 1969.

  14. 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. 326.44 million with consolidated EPS of Tk. 15.85. However, considering bonus share @ 30% for the year 2009, consolidated diluted EPS is Tk. 12.19 as on 31.03.10. Whereas, net profit after tax of 288.56 million with basic EPS of Tk. 14.01 for the 1st quarter ended on 31st March 2010 (Jan'10 to Mar'10) as against Tk. 249.77 million and Tk. 12.13 (restated) respectively for the same period of the previous year. However, considering bonus share @ 30% for the year 2009, diluted EPS is Tk. 10.78 as on 31.03.10 and Tk. 9.33 (restated) as on 31.03.09.

  15. 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 on 11.04.2010.

  16. ShoreCap International Limited and BRAC, both are Corporate Sponsors/Directors of the Bank, have further reported that t

    ShoreCap International Limited and BRAC, both are Corporate Sponsors/Directors of the Bank, have further reported that they have completed their sale/buy of 3,32,065 shares each at prevailing market price through Stock Exchange as announced earlier.

  17. Normal trading of the shares of the Bank will resume on 28.02.10 after record date.

    Normal trading of the shares of the Bank will resume on 28.02.10 after record date.

  18. Trading of the shares of the Bank will remain suspended on record date i.e. 25.02.2010.

    Trading of the shares of the Bank will remain suspended on record date i.e. 25.02.2010.

  19. 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 22.02.10 to 24.02.10. Trading of the shares of the Bank will remain suspended on record date i.e. 25.02.10.

  20. ShoreCap International Limited, one of the Corporate Sponsors/Directors of the Bank, has reported its intention to sell

    ShoreCap International Limited, one of the Corporate Sponsors/Directors of the Bank, has reported its intention to sell 3,32,065 shares out of its total holdings of 14,38,949 shares of the Bank while BRAC, another Corporate Sponsor/Director of the Bank, has reported its intention to buy 3,32,065 shares of the Bank (In the Block Market) at prevailing market price through Stock Exchange within next 30 working days.

  21. There will be no price limit on the trading of the shares of the Bank today (16.02.10) following its corporate declarati

    There will be no price limit on the trading of the shares of the Bank today (16.02.10) following its corporate declaration.

  22. The Board of Directors has recommended stock dividend @ 30% (i.e. 3 bonus shares for every 10 shares) for the year 2009.

    The Board of Directors has recommended stock dividend @ 30% (i.e. 3 bonus shares for every 10 shares) for the year 2009. Date of AGM: 25.03.2010, Time: 10:00 a.m. Venue: Bashundhara Convention Center, Bashundhara R/A., Baridhara, Dhaka-1229. Record Date: 25.02.2010. The Bank has reported consolidated profit after tax of Tk. 1,373.36 m., consolidated Earning Per Share (EPS) of Tk. 64.37, consolidated Net Asset Value (NAV) per share of Tk. 404.59 and consolidated Net Operating Cash Flow per share of Tk. 328.19 for the year ended on December 31, 2009. The Bank has also reported profit after tax of Tk. 1,303.59 m., Earning Per Share (EPS) of Tk. 60.98, Net Asset Value (NAV) per share of Tk. 371.55, and Net Operating Cash Flow per share of Tk. 371.48 as on 31.12.09.

  23. The Bank has informed that the Board of Directors of the Bank in principle has decided to form a Subsidiary Company for

    The Bank has informed that the Board of Directors of the Bank in principle has decided to form a Subsidiary Company for Payment Service Operator (PSO) as per the Bangladesh Payment and Settlement Systems Regulations, 2009 where BRAC Bank Limited will act as the Payment Service Provider (PSP) as per the same regulatory guidelines, subject to the approval of respective Regulatory bodies. BRAC Bank Limited will hold 51% share and the partner Money in Motion (MiM), USA will hold the remaining 49% share.

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