City Bank PLC. announcements
537 Dhaka Stock Exchange announcements for City Bank PLC. (CITYBANK) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2018 (28).
- Buy Confirmation of a Director
Mr. Hossain Khaled, one of the Directors of the Company, has further reported that he has completed his buying of 75,000 shares of the Company at prevailing market price through Stock Exchange as per declaration disseminated on 22.10.2018.
- Buy Declaration of a Director
Mr. Hossain Khaled, one of the Directors of the Company, has expressed his intention to buy 75,000 shares of the Company at prevailing market price (in the Public) through Stock Exchange (DSE) within October 31, 2018.
- Emphasis of Matter
The auditor of the company has given the following "Emphasis of Matter" Paragraph in the audit report of the Company for the year ended on 31 December 2017: Emphasis of Matter: We draw attention to note 3.24 to the financial statements where management explained voluntary change in accounting policy for subsequent measurement basis of the Bank's land and building, and reversion from 'revaluation model' to 'cost model'. Our opinion is not qualified in respect of this matter.
- Buy Confirmation of a Director
Mr. Hossain Khaled, one of the Directors of the Company, has further reported that he has completed his buying of 90,000 shares of the Company at prevailing market price through Stock Exchange as per declaration disseminated on 15.10.2018. Mr. Hossain Mehmood, one of the Directors (Representative from A-One Polymer Ltd.) of the Company, has further reported that he has completed his buying of 90,000 shares of the Company at prevailing market price through Stock Exchange as per declaration disseminated on 15.10.2018.
- Q3 Financials
(Q3 Un-audited): Consolidated EPS was Tk. 0.89 for July-September 2018 as against Tk. 0.82 for July-September 2017; Consolidated EPS was Tk. 2.32 for January-September, 2018 as against Tk. 2.79 for January-September, 2017. Consolidated NOCFPS was Tk. 18.65 for January-September 2018 as against Tk. (16.74) for January-September 2017. Consolidated NAV per share was Tk. 24.89 as on September 30, 2018 and Tk. 27.04 as on December 31, 2017.
- Elected Chairman and Vice-Chairman
The Company has informed that Mr. Aziz Al Kaiser and Mr. Hossain Khaled, have been elected as the Chairman and Vice-Chairman of the Company respectively.
- Buy Declaration of a Director
Mr. Hossain Mehmood, one of the Directors (Representative from A-One Polymer Ltd.) of the Company, has expressed his intention to buy 90,000 shares of the Company at prevailing market price (In the Public Market) through Stock Exchange within October 31, 2018. Mr. Hossain Khaled, one of the Directors of the Company, has expressed his intention to buy 90,000 shares of the Company at prevailing market price (in the Public) through Stock Exchange within October 31, 2018.
- 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 17, 2018 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on September 30, 2018.
- To invest in share capital of the subsidiary
The Company has informed that the Board of Directors has decided to invest in share capital as against the offer of City Brokerage Ltd., a subsidiary of the company for an amount of Tk. 130.00 crore (equivalent shares of 130,000,000 @ Tk. 10 each) subject to obtaining approval from regulatory bodies and comply with the rules and regulations.
- Buy Confirmation of a Director
Mr. Rafiqul Islam Khan, one of the Directors of the Company, has further reported that he has completed his buying of 4,15,000 shares of the Company at prevailing market price through Stock Exchange as per declaration disseminated on 07.08.2018.
- Buy Declaration of a Director
Mr. Rafiqul Islam Khan, one of the Directors of the Company, has expressed his intention to buy 4,15,000 shares of the Company at prevailing market price (In the Public Market) through Stock Exchange (DSE) within next 30 working days.
- Q2 Financials
(Q2 Un-audited): Consolidated EPS was Tk. 1.11 for April-June, 2018 as against Tk. 1.51 for April-June, 2017; Consolidated EPS was Tk. 1.51 for January-June, 2018 as against Tk. 2.18 for January-June, 2017. Consolidated NOCFPS was Tk. 12.92 for January-June, 2018 as against Tk. (10.43) for January-June, 2017. Consolidated NAV per share was Tk. 27.76 as on June 30, 2018 and Tk. 28.40 as on December 31, 2017.
- 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 26, 2018 at 4:00 PM to consider, among others, unaudited financial statements of the Company for the Second Quarter (Q2) period ended on June 30, 2018.
- Dividend Disbursement
The Company has informed that the Cash Dividend and sale amount of the fraction bonus shares for the year ended on December 31, 2017 has been disbursed to the respective shareholders' Bank accounts through BEFTN on July 12, 2018.
- Consent accorded from BSEC for issuance of Subordinated Bond
The Company has informed that BSEC has given consent for issuance of Floating Rate Non-Convertible Subordinated Bond of Tk. 700.00 crore divided into 700 Bonds of Tk. 1.00 crore each through private placement. The consent has been accorded subject to the condition that the Company shall comply with the relevant laws and Regulatory Requirements, and shall also adhere to the conditions imposed by BSEC under Section 2CC of the Securities and Exchange Ordinance, 1969.
- Dividend Disbursement
The Company has informed that it has credited the Bonus shares for the year ended on December 31, 2017 to the respective shareholders' BO Accounts on July 8, 2018.
- Venue of the AGM
The Company has further informed that the 35th AGM of the Company will be held in ''Kurmitola Golf Club'', Dhaka Cantonment, Dhaka at 12:30 PM on June 28, 2018. Other information will remain unchanged.
- Credit Rating Result
Credit Rating Agency of Bangladesh Limited (CRAB) has announced the rating of the Company as "AA2" in the long term and "ST-2" in the short term along with a stable outlook based on audited financial statements of the Company up to December 31, 2017 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 24.05.2018 after record date.
- Suspension for Record Date
Trading of the shares of the Company will remain suspended on record date i.e., 23.05.2018.
- Spot News
Trading of the shares of the Company will be allowed only in the Spot Market and Block transactions will also be settled as per Spot settlement cycle with cum benefit from 21.05.2018 to 22.05.2018. Trading of the shares of the Company will remain suspended on record date i.e., 23.05.2018.
- Q1 Financials
(Q1 Un-audited): Consolidated EPS was Tk. 0.40 for January-March 2018 as against Tk. 0.67 for January-March 2017. Consolidated NOCFPS was Tk. (0.34) for January-March 2018 as against Tk. 6.86 for January-March 2017. Consolidated NAV per share was Tk. 27.00 as on March 31, 2018 and Tk. 28.40 as on December 31, 2017.
- 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 15, 2018 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on March 31, 2018.
- Dividend Declaration
The Board of Directors has recommended 19% cash and 5% stock dividend for the year ended on December 31, 2017. Date of AGM: 28.06.2018; Time: 12:30 PM, Venue: will notify later. Record Date: 23.05.2018. The Company has also reported Consolidated EPS of Tk. 3.90, Consolidated NAV per share of Tk. 28.40 and Consolidated NOCFPS of Tk. (4.83) for the year ended on December 31, 2017 as against Tk. 4.57, Tk. 22.67 and Tk. 14.92 respectively for the same period of the previous year.
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (03.05.2018) following its corporate declaration.
- Investment Decision in the share capital of the subsidiary
The Company has informed that as against the offer of City Brokerage Ltd., a subsidiary of the City Bank Limited, the Board of Directors of the Company has decided to invest in share capital for an amount of Tk. 30.00 crore (equivalent shares of 30,000,000 @ Tk. 10.00 each) of the subsidiary, subject to obtaining approval from the Regulatory Bodies and compliances with the rules and regulations.
- Reduction of NAV due to change in the accounting policy
The Company has informed that the Board of Directors has approved to change the accounting policy of the bank for fixed assets from Revaluation Model to Cost Model, with effect from January 01, 2017. As a result of the approved change, based on January 01, 2017, the Net Assets Value of the bank will be reduced by Tk. 466,88,58,423.00 i.e. Tk. 5.33 per share.
- 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 30, 2018 at 6:00 PM to consider, among others, audited financial statements of the Company for the year ended on December 31, 2017.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.