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 2023 (37).
- The Company has informed that they will organize an earnings disclosure programme on its un-audited Third Quarter (Q3) F
The Company has informed that they will organize an earnings disclosure programme on its un-audited Third Quarter (Q3) Financial Statements for the period ended September 30, 2023 on November 07, 2023 at 07:30 PM through Digital Platform. The concerned shareholders, research analysts and financial reporters are welcome to participate in this event via live webcast facility at the web link https://meetbd.live/bracbankQ32023. (cont.)
- Disclosure Program on unaudited quarterly financial statements
(Continuation news of BRACBANK): Questions may also be submitted via email to [email protected] on or by 04:00 PM of the above mention date. Name, Designation, Organization Name and Contact Numbers have to be included while sending the questions via email. (end)
The first part of this announcement is missing from the archive. - (Q3 Un-audited): Consolidated EPS was Tk. 1.34 for July-September, 2023 as against Tk. 0.99 for July-September, 2022; Co
(Q3 Un-audited): Consolidated EPS was Tk. 1.34 for July-September, 2023 as against Tk. 0.99 for July-September, 2022; Consolidated EPS was Tk. 3.26 for January-September, 2023 as against Tk. 2.35 for January-September, 2022. Consolidated NOCFPS was Tk. 28.02 for January-September, 2023 as against Tk. 4.46 for January-September, 2022. Consolidated NAV per share was Tk. 40.22 as on September 30, 2023 and Tk. 38.01 as on December 31, 2022. (cont.)
- Q3 Financials
(Continuation news of BRACBANK): Reasons for Deviations in EPS, NOCFPS and NAVPS: EPS has been increased due to higher interest income amid growth in loans and advances, investment income, higher commission and brokerage income. NOCFPS has been increased significantly due to higher deposits mobilization from customers and borrowings from banks. NAVPS has been increased due to growth in Profit after Tax (PAT) compared to last period. (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, 2023 at 3:30 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended September 30, 2023.
- Name Change of the Company
Dhaka Stock Exchange Limited (DSE) has approved the proposed name change of the Company. Accordingly, the name of the Company will be 'BRAC Bank PLC.' instead of 'BRAC Bank Limited' with effect from October 17, 2023. Other things (except name) will remain unchanged.
- Refer to their earlier news disseminated by DSE on 08.06.2023 regarding board decision for issuance of Subordinated Bond
Refer to their earlier news disseminated by DSE on 08.06.2023 regarding board decision for issuance of Subordinated Bond, the Company has further informed that Bangladesh Securities and Exchange Commission (BSEC) has accorded its consent to issue the 2nd Non-Convertible, Unsecured, Fully Redeemable, Coupon Bearing, Floating Rate Subordinated Bond of BDT 7,000 million for 7 years of BRAC Bank Limited through (cont.)
- BSEC Consent for issuance of Subordinated Bond
(Continuation news of BRACBANK): private placement to enhance the Tier II capital base of the company. The consent has been accorded subject to compliance with the relevant laws and regulatory requirements. Approved Information Memorandum (IM) is also available in the website of the Bank at https://www.bracbank.com/en/investor-relations. (end)
The first part of this announcement is missing from the archive. - Bangladesh Bank's approval to increase the authorize capital
Refer to their earlier news disseminated by DSE on 12.04.2023 regarding dividend declaration and increase of authorized capital, the company has further informed that Bangladesh Bank has approved the increase of authorize capital of the company from Tk. 2000.00 crore to Tk. 5000.00 crore.
- The company has informed that they will organize an Earnings Disclosure Programme on its Half Yearly (H1) un-audited Fin
The company has informed that they will organize an Earnings Disclosure Programme on its Half Yearly (H1) un-audited Financial Statements for the period ended on June 30, 2023 on Thursday, August 10, 2023 at 08:00 pm on a Digital Platform. The concerned Shareholders, Research Analysts and Financial Reporters can participate at this event via live webcast facility at the web link https://meetbd.live/bracbankH12023. (cont.)
- Disclosure Program on Half Yearly Financials of 2023
(Continuation news of BRACBANK): Questions may also be submitted via email: [email protected] on or by 04:00 pm of the above mentioned date. The company has requested to include name, designation, organization name and contact number while sending the question via email. (end)
The first part of this announcement is missing from the archive. - (Continuation news of BRACBANK): Consolidated and standalone NOCFPS increased significantly mainly for higher deposits m
(Continuation news of BRACBANK): Consolidated and standalone NOCFPS increased significantly mainly for higher deposits mobilization from customers and borrowings from central bank. The Board of Directors in the same meeting also decided in principle to invest in establishing a digital bank named \"bKash Digital Bank PLC\"; subject to the approval of Bangladesh Bank. (end)
The first part of this announcement is missing from the archive. - Regarding Q2 Financials and decision to invest in a digital bank
(Q2 Un-audited): Consolidated EPS was Tk. 1.03 for April-June 2023 as against Tk. 0.65 for April-June 2022; Consolidated EPS was Tk. 1.93 for January-June 2023 as against Tk. 1.37 for January-June 2022. Consolidated NOCFPS was Tk. 21.57 for January-June 2023 as against Tk. 7.38 for January-June 2022. Consolidated NAV per share was Tk. 38.92 as on June 30, 2023 and Tk. 35.83 as on June 30, 2022. The company has informed that (cont.)
- 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 30, 2023 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended June 30, 2023.
- Emerging Credit Rating Limited (ECRL) has assigned Surveillance rating of the Company as \"AAA\" in the long term and \"
Emerging Credit Rating Limited (ECRL) has assigned Surveillance rating of the Company as \"AAA\" in the long term and \"ST-1\" in the short term along with Stable outlook based on the audited financial statements up to December 31, 2022 and other available information up to the date of rating declaration.
- Dividend Disbursement
The Company has informed that it has disbursed the cash dividend for the year ended December 31, 2022 to the respective shareholders.
- Buy Confirmation of a Nominated Director
Mr. Asif Saleh, a Nominated Director (Nominated by BRAC) of the Company, has further informed that he has completed his buying of 30,800 shares of the company at prevailing market price through Dhaka Stock Exchange Limited as per declaration disseminated on 06.06.2023.
- Dividend Disbursement
The Company has informed that it has credited the Bonus shares for the year ended December 31, 2022 to the respective shareholders' BO Accounts.
- The company has informed that the Board of Directors of the company has decided to issue \"Subordinated, Non-Convertible
The company has informed that the Board of Directors of the company has decided to issue \"Subordinated, Non-Convertible, Fully Redeemable, Coupon Bearing, Floating Rate Subordinate Bond up to BDT 700.00 Cr. (BDT Seven Hundred Crore) for 7 years under private placement\" to enhance Tier-II capital base of the company subject to the approval of the Regulatory Authorities.
- Buy Declaration of a Nominated Director
Mr. Asif Saleh, a Nominated Director (Nominated by BRAC) of the Company, has expressed his intention to buy 30,800 shares of the company at prevailing market price (in the Public/Block Market) through Dhaka Stock Exchange Limited within next 30 working days.
- Election of Chairman
The Company has informed that the Board of Directors has elected Mr. Meheriar M Hasan as the Chairman of the Company with effect from May 30, 2023.
- Resumption after record date
Trading of the shares the company will resume on 16.05.2023.
- Suspension for record date
Trading of the shares of the company will be suspended on record date i.e., 15.05.2023.
- The company has informed that they will organize an Earnings Disclosure Program on its un-audited First Quarter (Q1) Fin
The company has informed that they will organize an Earnings Disclosure Program on its un-audited First Quarter (Q1) Financial Statements of 2023 on May 15, 2023 at 08:00 PM through Digital Platform. The concerned Shareholders, Research Analysts and Financial Reporters can participate at this event via live webcast facility at the web link: https://meetbd.live/bracbankQ12023. (cont.)
- Disclosure Program on 1st Quarter Financials of 2023
(Continuation news of BRACBANK): Questions may also be submitted via email to: [email protected] on or by 04:00 pm of the above-mentioned date. The company has requested to include name, designation, organization name and contact number when sending the question via email. (end)
The first part of this announcement is missing from the archive. - Spot for entitlement of 7.50% 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 11.05.2023 to 14.05.2023 and trading of the shares will remain suspended on record date i.e., 15.05.2023.
- Resumption after record date
Trading of the shares of the company will resume on 10.05.2023.
- Q1 Financials
(Q1 Un-audited): Consolidated EPS was Tk. 0.96 for January-March 2023 as against Tk. 0.77 for January-March 2022; Consolidated NOCFPS was Tk. 1.85 for January-March 2023 as against Tk. 7.20 for January-March 2022. Consolidated NAV per share was Tk. 41.86 as on March 31, 2023 and Tk. 38.94 as on March 31, 2022. Reasons for deviation in NOCFPS: NOCFPS has been decreased due to higher loan disbursement made to customers during 1st Quarter of 2023.
- BSEC's consent regarding 7.50% Stock Dividend
Refer to their earlier news disseminated by DSE on 07.05.2023 regarding record date for entitlement of Dividend, the Company has further informed that BSEC has accorded its consent for raising of paid-up capital through issuance of 7.50% Stock Dividend for the year ended December 31, 2022. The Company has fixed the Record date on 15.05.2023 for entitlement of the aforesaid Bonus Shares.
- Suspension for record date
Trading of the shares of the company will be suspended on record date i.e., 09.05.2023.
- Regarding record date for entitlement of Dividend
Refer to their earlier news disseminated by DSE on 12.04.2023 regarding dividend declaration, the company has further informed that they have not received consent yet from BSEC of their declaration of 7.50% Stock dividend for the year ended December 31, 2022. Therefore, the record date as on 09.05.2023 will only be applicable for entitlement of 7.50% Cash dividend.
- 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 with cum benefit from 07.05.2023 to 08.05.2023 and trading of the shares will remain suspended on record date i.e., 09.05.2023.
- 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 May 7, 2023 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended March 31, 2023.
- Earnings disclosure program on Audited Financial Statements
(Continuation news of BRACBANK): Questions may also be submitted via email to: [email protected] on or by 04:00 pm of the above mentioned date. The company has further requested to include name, designation, organization name and contact number when sending the question via email. (end)
The first part of this announcement is missing from the archive. - Dividend Declaration and increase of Authorized Capital
(Continuation news of BRACBANK): Association and Clause-4 of the Articles of Association of the company subject to approval of Shareholders and Regulatory bodies. (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 (12.04.2023) following its corporate declaration. However, the floor price shall be applicable accordingly.
- 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 11, 2023 at 2:00 PM to consider, among others, audited financial statements of the company for the year ended December 31, 2022.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.