Dutch-Bangla Bank PLC. announcements
324 Dhaka Stock Exchange announcements for Dutch-Bangla Bank PLC. (DUTCHBANGL) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2016 (16).
- Appointment of Managing Director
The Company has informed that Mr. Abul Kashem Md. Shirin has joined as Managing Director of the Company with effect from November 01, 2016.
- Q3 Financials
(Q3 Un-audited): EPS was Tk. 2.02 for July-September, 2016 as against Tk. 3.24 for July-September, 2015; EPS was Tk. 7.64 for January-September, 2016 as against Tk. 8.81 for January-September, 2015. NOCFPS was Tk. 87.56 for January-September, 2016 as against Tk. 108.21 for January-September, 2015. NAV per share was Tk. 87.03 as of September 30, 2016 and Tk. 77.28 as of September 30, 2015.
- 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 30, 2016 at 3:30 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on September 30, 2016.
- Q2 Financials
(Q2 Audited): EPS was Tk. 2.32 for April-June, 2016 as against Tk. 3.48 for April-June, 2015; EPS was Tk. 5.62 for January-June, 2016 as against Tk. 5.58 for January-June, 2015. NOCFPS was Tk. 96.38 for January-June, 2016 as against Tk. 55.26 for January-June, 2015. NAV per share was Tk. 85.38 as of June 30, 2016 and Tk. 74.06 as of June 30, 2015.
- Increasing Issuance of Subordinated
With reference to their earlier news disseminated by DSE on May 08, 2016, the Company has further informed that the Board of Directors, among others, has decided to increase of issuance of Subordinated Bond from Tk. 3,000.00 million to Tk. 5,000.00 million subject to the approval of the Honorable Shareholders of DBBL in the General Meeting, BSEC and Bangladesh Bank. It is mentionable here that the features of Subordinated Bond shall remain unchanged as mentioned earlier. The Board has also decided that any subsequent changes in the features of the Bond if deemed necessary by the Bank or required by Regulatory Authorities shall be placed for approval of the Board
- Board Meeting
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, 2016 at 11:00 AM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on June 30, 2016.
- Credit Rating result
Credit Rating Agency of Bangladesh Limited (CRAB) has announced the rating of the Company as "AA1" in the long term and "ST-1" in the short term along with a stable outlook based on audited financial statements of the Company up to December 31, 2015 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
- Q1
PS was Tk. 3.29 for January-March, 2016 as against Tk. 2.10 for January-March, 2015. NOCFPS was Tk. 35.01 for January-March, 2016 as against Tk. 20.50 for January-March, 2015. NAV per share was Tk. 83.06 as of March 31, 2016 and Tk. 70.61 as of March 31, 2015.
- Issuance of Subordinated Bond
The Company has informed that the Board of Directors has approved, in principle, to issue Subordinated Bond subject to approval of the shareholders in General Meeting, BSEC and Bangladesh Bank. Some features of the bond are as follows: Issuer: Dutch-Bangla Bank Ltd., Issue Size: Tk. 3,000.00 million, Nature of the Instrument: Unsecured, Non-Convertible, Subordinated Bond, Mode of Placement: Private Placement, Tenure: 7 Years. Objective: Increasing the Tier 2 Capital to meet capital requirement under Basel III and to strengthen the regulatory capital base of the Bank. The Board also decided that any subsequent changes in the features of the Bond if deemed necessary by the Bank or required by regulatory authorities shall be placed for approval of the Board of Directors of the Bank.
- Dividend Disbursement
The Company has informed that cash dividend for the year 2015 has already been credited to the respective shareholders through BEFTN in their respective bank accounts mentioned in the BO ID number. The shareholders whose accounts could not be credited in their bank accounts are requested to collect their dividend warrants from the Share Department of the Company, Head Office at Sena Kalyan Bhaban (3rd floor), 195, Motijheel C/A, Dhaka-1000 during the Office hours within April 21, 2016.
- Resumption after Record date
Normal trading of the shares of the Company will resume on 16.03.2016 after record date.
- Suspension for Record date
Trading of the shares of the Company will remain suspended on record date i.e., 15.03.2016.
- Spot for AGM
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 13.03.2016 to 14.03.2016. Trading of the shares of the Company will remain suspended on record date i.e., 15.03.2016.
- Dividend Declaration
The Board of Directors has recommended 40% cash dividend for the year ended on December 31, 2015. Date of AGM: 30.03.2016, Time: 10:00 AM, Venue: Ballroom of Pan Pacific Sonargaon Hotel, Dhaka. Record date: 15.03.2016. The Company has also reported EPS of Tk. 15.10, NAV per share of Tk. 83.77 and NOCFPS of Tk. 214.64 for the year ended on December 31, 2015.
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (24.02.2016) following its corporate declaration.
- Board Meeting
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 February 23, 2016 at 7:00 PM to consider, among others, audited financial statements of the Company for the year ended on December 31, 2015 subject to clearance of the audited financial statements of the Company from Bangladesh Bank.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.