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 2021 (15).
- Decision to set up a new subsidiary Company
The Company has informed that the Board of Directors has taken decision to set up a new subsidiary Company in Singapore and obtain for Major Payment Institution License. This is subject to approval from Bangladesh Bank and the Monetary Authority of Singapore (MAS). The Company will inject SGD 2 million (1 SGD=BDT 63 approx.). The primary focus of the new subsidiary will be on Bangladesh bound remittances.
- Q3 Financials
(Q3 Un-audited): Consolidated EPS was Tk. 0.90 for July-September 2021 as against Tk. 1.89 for July-September 2020; Consolidated EPS was Tk. 2.97 for January-September, 2021 as against Tk. 2.89 for January-September, 2020. Consolidated NOCFPS was Tk. (6.59) for January-September 2021 as against Tk. 0.91 for January-September 2020. Consolidated NAV per share was Tk. 30.11 as on September 30, 2021 and Tk. 27.65 as on December 31, 2020.
- Discussion on the financial results of Third Quarter (Q3)
The Company has informed that they are arranging CBL's earnings disclosure event in financial information of Q3 2021 schedule to be held on 26th October, 2021 at 4.30 PM. Existing and potential investor across the globe, researchers and analysts and many other individuals involve in capital market activities are invited to join the event.
- Reschedule Board Meeting under LR 16(1)
The Company has further informed that due to unavoidable circumstances a meeting of the Board of Directors of the Company as per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, will now be held on October 21, 2021 at 7:00 PM instead at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on September 30, 2021.
- 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 21, 2021 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on September 30, 2021.
- Q2 Financials
(Q2 Un-audited): Consolidated EPS was Tk. 1.13 for April-June 2021 as against Tk. 0.29 for April-June 2020; Consolidated EPS was Tk. 2.06 for January-June 2021 as against Tk. 1.00 for January-June 2020. Consolidated NOCFPS was Tk. 3.85 for January-June 2021 as against Tk. (3.48) for January-June 2020. Consolidated NAV per share was Tk. 28.24 as on June 30, 2021 and Tk. 27.65 as on December 31, 2020.
- Decision to issue Subordinated Bond
The Company has informed that Board of Directors of the Company has taken a decision to issue Subordinated Bond worth BDT 700.00 Crore to meet capital requirement under Basel-III to support the bank's continuous business growth subject to approval from Bangladesh Securities & Exchange Commission and other relevant regulatory authorities.
- 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 19, 2021 at 2:30 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on June 30, 2021.
- Q1 Financials
(Q1 Un-audited): Consolidated EPS was Tk. 0.98 for January-March 2021 as against Tk. 0.75 for January-March 2020. Consolidated NOCFPS was Tk. (22.07) for January-March 2021 as against Tk. (9.41) for January-March 2020. Consolidated NAV per share was Tk. 29.38 as on March 31, 2021 and Tk. 29.03 as on December 31, 2020.
- 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 06, 2021 at 12:30 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on March 31, 2021.
- Resumption after record date
Trading of the shares of the Company will resume on 15.04.2021 after record date.
- Suspension for Record Date
Trading of the shares of the company will remain suspended on record date i.e. 13.04.2021
- 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 11.04.2021 to 12.04.2021. Trading of the shares of the Company will remain suspended on record date i.e., 13.04.2021.
- Dividend Declaration
(Continuation news of CITYBANK): The Company also informed that the Board of the bank has recommended 17.50% cash and 5% stock for the followings reasons: i) Complying with Bangladesh Bank's issued dividend policy for banks. ii) Maintaining minimum dilution of earnings and net assets value per share. And iii) Keeping bank's Capital of Risk Weighted Asset Ratio strong for future business growth. (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 (23.03.2021) following its corporate declaration, however, as per the BSEC Order No. BSEC/CMRRCD/2001-07/04 dated March 19, 2020, the floor price shall be applicable accordingly.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.