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 2023 (31).
- Dhaka Stock Exchange Limited (DSE) has approved the proposed name change of the Company. Accordingly, the name of the Co
Dhaka Stock Exchange Limited (DSE) has approved the proposed name change of the Company. Accordingly, the name of the Company will be \'City Bank PLC.\' instead of \'The City Bank Limited\' with effect from December 19, 2023. Other things (except name) will remain unchanged.
- Q3 Financials
(Q3 Un-audited): Consolidated EPS was Tk. 1.16 for July-September 2023 as against Tk. 0.93 (adjusted) for July-September 2022; Consolidated EPS was Tk. 3.09 for January-September, 2023 as against Tk. 2.70 (adjusted) for January-September, 2022. Consolidated NOCFPS was Tk. (5.72) for January-September 2023 as against Tk. (7.21) (adjusted) for January-September 2022. Consolidated NAV per share was Tk. 29.36 as on September 30, 2023 and Tk. 27.66 (adjusted) as on December 31, 2022.
- Disclosure event on quarterly financial statements
The Company has informed that they are arranging CBL's earnings disclosure event on financial information of Q3 2023 scheduled to be held on October 30, 2023 at 4.00 PM virtually. Existing and potential investors across the globe, researchers and analysts and many other individuals involved in capital market activities are invited to join the event. Link for Program Participation: Web Link-https://meetbd.live/citybank2023Q3, User Name-citybankq3, Password-citybank2023.
- 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 26, 2023 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended September 30, 2023.
- Dividend Disbursement
The company has informed that it has credited the Bonus shares to the respective shareholders' BO Accounts and it has also disbursed the Cash Dividend to the respective shareholders for the year ended December 31, 2022.
- Refer to their earlier news disseminated by DSE on 09.08.2023, the Company has further informed that to make consortium
Refer to their earlier news disseminated by DSE on 09.08.2023, the Company has further informed that to make consortium base stronger and for justifying the proposed Digital Bank\'s name Digi10 Bank PLC, the consortium unanimously decided to include another bank. As such the Board of the company has decided to make amendment in the proposal. Hence, the Company has requested to read the information regarding investment in proposed Digital Bank as follows instead of their earlier disclosure: (cont.)
- (Continuation news of CITYBANK): \"Based on management\'s proposal, the Board of Directors of the Company has approved t
(Continuation news of CITYBANK): \"Based on management\'s proposal, the Board of Directors of the Company has approved to participate in the consortium of 10 banks for obtaining the Digital Bank license from Bangladesh Bank in the name of \"Digi10 Bank Plc.\" The Company will invest initially 10\% of the paid-up capital of the proposed Digital Bank (i.e., BDT 125,000,000.00 named \"Digi10 Bank Plc.\" as will each of the other members of the consortium.\" (end)
The first part of this announcement is missing from the archive. - The Company has requested to read the information regarding investment in proposed Digital Bank as follows instead of th
The Company has requested to read the information regarding investment in proposed Digital Bank as follows instead of their earlier disclosure disseminated by DSE on 08.08.2023: \"The Board of Directors of the Company has approved the proposal for joining a \"Consortium\" of 9 commercial banks who together will apply for a Digital Bank with the proposed name of \"Digi10 Bank Plc.\", (cont.)
- (Continuation news of CITYBANK): and also to become a sponsor shareholder by way of investing BDT13.88 crore out of the
(Continuation news of CITYBANK): and also to become a sponsor shareholder by way of investing BDT13.88 crore out of the total initial paid-up capital of Tk. 125 crore (i.e. to hold 11.11\% shares of the proposed Digital Bank) subject to receiving all regulatory approvals.\" (end)
The first part of this announcement is missing from the archive. - Board decision regarding investment in proposed Digital Bank
The company has informed that the Board of Directors of the Company has approved the proposal for being a member of a consortium of few banks and most likely a telecom company for a proposed Digital Bank and also becoming sponsor shareholder by way of investing maximum BDT 277,800,000.00 (11.12% of total paid-up capital of the proposed Digital Bank) for the proposed Digital Bank subject to regulatory approval.
- Address Change of Head Office
The Company has informed that the Head Office of the Company has been shifted to its new address at City Bank Center, Plot: SE(D)-3, 28, Gulshan Avenue, Gulshan-1, Dhaka-1212, Bangladesh.
- Disclosure event on quarterly financial statements
The Company has informed that they are arranging CBL's earnings disclosure event on financial information of Q2 2023 scheduled to be held on August 01, 2023 at 4.00 PM virtually. Existing and potential investors across the globe, researchers and analysts and many other individuals involved in capital market activities are invited to join the event. Link for Program Participation: Web Link-https://meetbd.live/citybank2023Q2, User Name-citybankq2, Password-citybank2023.
- (Q2 Un-audited): Consolidated EPS was Tk. 1.23 for April-June 2023 as against Tk. 1.07 (restated) for April-June 2022; C
(Q2 Un-audited): Consolidated EPS was Tk. 1.23 for April-June 2023 as against Tk. 1.07 (restated) for April-June 2022; Consolidated EPS was Tk. 1.97 for January-June 2023 as against Tk. 1.81 (restated) for January-June 2022. Consolidated NOCFPS was Tk. 1.23 for January-June 2023 as against Tk. (6.74) (restated) for January-June 2022. Consolidated NAV per share was Tk. 29.96 as on June 30, 2023 and Tk. 28.21 (restated) as on December 31, 2022. (cont.)
- Q2 Financials
(Continuation news of CITYBANK): Reasons for deviation in EPS and NOCFPS: EPS was higher as higher operating profit contributed to earn higher profit after tax. NOCFPS was higher as cash outflows for loan disbursements were lower than cash inflows from acquiring deposits and borrowings which resulting higher operating cash inflows. (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 July 25, 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.
- Credit Rating Agency of Bangladesh Limited (CRAB) has announced the Surveillance rating of the Company as \"AA1\" in the
Credit Rating Agency of Bangladesh Limited (CRAB) has announced the Surveillance rating of the Company as \"AA1\" in the long term and \"ST-1\" in the short term along with Stable outlook based on audited financial statements up to December 31, 2022 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 22.05.2023.
- Suspension for Record date
Trading of the shares of the company will remain suspended on record date i.e., 21.05.2023 for EGM.
- 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 17.05.2023 to 18.05.2023 and trading of the shares will remain suspended on record date i.e., 21.05.2023 for EGM.
- (Q1 Un-audited): Consolidated EPS was Tk. 0.74 for January-March 2023 as against Tk. 0.74 for January-March 2022. Consol
(Q1 Un-audited): Consolidated EPS was Tk. 0.74 for January-March 2023 as against Tk. 0.74 for January-March 2022. Consolidated NOCFPS was Tk. (10.71) for January-March 2023 as against Tk. 6.71 for January-March 2022. Consolidated NAV per share was Tk. 28.84 as on March 31, 2023 and Tk. 28.21 as on December 31, 2022. Previous year figures were adjusted for Bonus share declared and issued based on 2021 performance. (cont.)
- Q1 Financials
(Continuation news of CITYBANK): During 01 January 2023 to 31 March 2023, higher cash outflows for loan disbursements than cash inflows for acquiring deposits and borrowings resulted the change in NOCFPS during the period. (end)
The first part of this announcement is missing from the archive. - Resumption after record date
Trading of the shares of the company will resume on 11.05.2023.
- Suspension for record date
Trading of the shares of the company will be suspended on record date i.e., 10.05.2023.
- 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 with cum benefit from 08.05.2023 to 09.05.2023 and trading of the shares will remain suspended on record date i.e., 10.05.2023.
- 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 09, 2023 at 3:30 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended March 31, 2023.
- The company has informed that the Board of Directors of the company has decided to hold an EGM to take decision on the f
The company has informed that the Board of Directors of the company has decided to hold an EGM to take decision on the following issue: \"To reduce the number of Board of Directors and to change the Articles of Association of the Bank subject to approval by shareholders at the EGM and subject to approval of Bangladesh Bank.\" Date and time of EGM: June 14, 2023 at 12:00 PM, Venue: Digital Platform, Record date for EGM: May 21, 2023.
- The Board of Directors has recommended 10.00\% cash and 2.00\% stock dividend for the year ended December 31, 2022. Date
The Board of Directors has recommended 10.00\% cash and 2.00\% stock dividend for the year ended December 31, 2022. Date of AGM: 04.07.2023; Time: 2:00 PM; Venue: Digital Platform. Record Date: 10.05.2023. The Company has also reported Consolidated EPS of Tk. 3.98, Consolidated NAV per share of Tk. 28.21 and Consolidated NOCFPS of Tk. 11.65 for the year ended December 31, 2022 (cont.1)
- (Continuation news of CITYBANK): as against Tk. 4.58 (restated), Tk. 27.27 (restated) and Tk. 11.80 (restated) respectiv
(Continuation news of CITYBANK): as against Tk. 4.58 (restated), Tk. 27.27 (restated) and Tk. 11.80 (restated) respectively for the year ended December 31, 2021. Reason for recommending Stock Dividend: Stock dividend has been recommended to strengthen the capital base of the Company for supporting future business growth and also to improve certain regulatory ratios. The company has also informed that the Board of Directors has further decided to increase (cont.2)
The first part of this announcement is missing from the archive. - Dividend Declaration and decision to increase Authorized Capital
(Continuation news of CITYBANK): Authorized Capital from Tk. 1,500.00 crore to Tk. 2,000.00 crore and accordingly, amendments of Memorandum and Articles of Association of the Bank subject to obtaining approval of Bangladesh Bank and by shareholders as well as to comply with all required procedures. Reason for increasing Authorized Capital: Authorized Capital has been recommended to increase for accommodating additional Paid Up Capital that may be issued in coming years. (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 3:00 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.