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 2023 (27).
- The company has informed that the Board of Directors has approved in principle for issuance of 5th Subordinated Bond sub
The company has informed that the Board of Directors has approved in principle for issuance of 5th Subordinated Bond subject to the approval of Bangladesh Bank and Bangladesh Securities and Exchange Commission. Some features of the 5th Subordinated Bond: 1. Issuer: Dutch-Bangla Bank PLC; 2. Issue Size: TK. 12,000.00 million; 3. Issue Objective: Increasing the Tier-2 capital to meet the capital requirement under Basel-III and to strengthen the regulatory capital base of the bank; (cont.)
- (Cont. news of DUTCHBANGL): 4. Nature of the instrument: Fully Redeemable, Unsecured, Non-convertible, Subordinated Bond
(Cont. news of DUTCHBANGL): 4. Nature of the instrument: Fully Redeemable, Unsecured, Non-convertible, Subordinated Bond; 5. Mode of Placement: Private placement and 6. Tenure: 7 years including 2 years grace period. 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. (end)
The first part of this announcement is missing from the archive. - 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 \'Dutch-Bangla Bank PLC.\' instead of \'Dutch-Bangla Bank Limited\' with effect from November 27, 2023. Other things (except name) will remain unchanged.
- (Q3 Un-audited): EPS was Tk. 2.32 for July-September, 2023 as against Tk. 2.40 (restated) for July-September, 2022; EPS
(Q3 Un-audited): EPS was Tk. 2.32 for July-September, 2023 as against Tk. 2.40 (restated) for July-September, 2022; EPS was Tk. 5.53 for January-September, 2023 as against Tk. 5.35 (restated) for January-September, 2022. NOCFPS was Tk. 3.85 for January-September, 2023 as against Tk. 20.86 (restated) for January-September, 2022. NAV per share was Tk. 59.38 as on September 30, 2023 and Tk. 53.27 (restated) as on September 30, 2022. (cont.)
- Q3 Financials
(Continuation news of DUTCHBANGL): The company has informed that NOCFPS has been decreased mainly for pay off Borrowings from other banks, financial institutions and agents. (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 23, 2023 at 2:30 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended September 30, 2023.
- Bangladesh Securities and Exchange Commission (BSEC) has accorded their consent/approval to Dutch-Bangla Bank Limited (D
Bangladesh Securities and Exchange Commission (BSEC) has accorded their consent/approval to Dutch-Bangla Bank Limited (DBBL) for issuance of fully redeemable, non-convertible, unsecured, floating rate subordinated bond of Taka 5,000 million only under private placement as per provisions of the Bangladesh Securities and Exchange Commission (Debt securities) Rules, 2021. (cont.)
- BSEC Consent for issuance of Subordinated Bond
(Continuation news of DUTCHBANGL): It may be mentioned here that a total of 500 number of Bonds to be issued with face value of Taka 10 million each. The purpose of this proposed issue (Bond) is to increase the Tier 2 capital to meet capital requirement under Basel III and to strengthen the regulatory capital base of the Bank. Subscription details, including the approved Information Memorandum (IM) are available on the website: www.dutchbanglabank.com of the Bank. (end)
The first part of this announcement is missing from the archive. - The company has informed that the Board of Directors of the company has approved the following regarding new investments
The company has informed that the Board of Directors of the company has approved the following regarding new investments: i) Joining in the consortium of 10 (ten) Banks for obtaining Digital Bank License from Bangladesh Bank in the name of \"Digi10 Bank PLC\" by way of investing Tk. 12.50 crore out of the total initial paid-up capital of Tk. 125.00 crore (i.e. 10\% share of the proposed digital bank) as a sponsor shareholder subject to all regulatory approvals; (cont.1)
- (Continuation news of DUTCHBANGL): ii) Formation of a full-fledged Merchant Bank in the name of \"Dutch-Bangla Bank Inve
(Continuation news of DUTCHBANGL): ii) Formation of a full-fledged Merchant Bank in the name of \"Dutch-Bangla Bank Investment Limited\" with proposed paid-up capital of Tk. 25.00 crore as a fully owned subsidiary company of Dutch-Bangla Bank Limited subject to all regulatory approvals; (cont.2)
The first part of this announcement is missing from the archive. - (Continuation news of DUTCHBANGL): and iii) formation of a Brokerage House (Stock Dealer and Stock Broker) in the name o
(Continuation news of DUTCHBANGL): and iii) formation of a Brokerage House (Stock Dealer and Stock Broker) in the name of \"Dutch-Bangla Bank Securities Limited\" with proposed paid-up capital of Tk. 10.00 crore as a fully owned subsidiary company of Dutch-Bangla Bank Limited subject to all regulatory approvals. (end)
The first part of this announcement is missing from the archive. - Q2 Financials
(Q2 Un-audited): EPS was Tk. 1.54 for April-June 2023 as against Tk. 2.02 (restated) for April-June 2022; EPS was Tk. 3.21 for January-June 2023 as against Tk. 3.33 (restated) for January-June 2022. NOCFPS was Tk. 23.54 for January-June 2023 as against Tk. 19.89 (restated) for January-June 2022. NAV per share was Tk. 57.12 as on June 30, 2023 and Tk. 51.25 (restated) as on June 30, 2022. NOCFPS increased mainly for increase of deposits from customers and increase of sale of trading securities.
- 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, 2023 at 2:30 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended June 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.
- Election of Chairman
The Company has informed that the Board of Directors has elected Ms. Sadia Rayen Ahmed as the Chairman of the Company with effect from June 12, 2023.
- Credit Rating Agency of Bangladesh Limited (CRAB) has assigned the surveillance rating of the Company as \"AAA\" in the
Credit Rating Agency of Bangladesh Limited (CRAB) has assigned the surveillance rating of the Company as \"AAA\" in the long term and \"ST-1\" in the short term along with Stable outlook in consideration of its 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 18.05.2023.
- Suspension for Record date
Trading of the shares will remain suspended on record date i.e., 17.05.2023.
- (Q1 Un-audited): EPS was Tk. 1.80 for January-March 2023 as against Tk. 1.61 (restated) for January-March 2022. NOCFPS w
(Q1 Un-audited): EPS was Tk. 1.80 for January-March 2023 as against Tk. 1.61 (restated) for January-March 2022. NOCFPS was Tk. 5.03 for January-March 2023 as against Tk. 1.65 (restated) for January-March 2022. NAV per share was Tk. 61.65 as on March 31, 2023 and Tk. 59.85 as on December 31, 2022. (cont.)
- Q1 Financials
(Continuation news of DUTCHBANGL): Reason for deviation in NOCFPS: The main reason of increase of NOCFPS is due to mainly increase of Deposit from the customers and recovery of Loans & Advances from customers for the quarter ended March 31, 2023. (end)
The first part of this announcement is missing from the archive. - 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 15.05.2023 to 16.05.2023 and trading of the shares will remain suspended on record date i.e., 17.05.2023.
- 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 14, 2023 at 2:30 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended March 31, 2023.
- The Board of Directors has recommended 17.50\% Cash and 7.50\% Stock Dividend for the year ended December 31, 2022. Date
The Board of Directors has recommended 17.50\% Cash and 7.50\% Stock Dividend for the year ended December 31, 2022. Date of AGM: 12.06.2023, Time: 10:00 AM, Venue: Digital Platform. Record date: 17.05.2023. The Company has also reported EPS of Tk. 8.14, NAV per share of Tk. 59.85 and NOCFPS of Tk. 30.50 for the year ended December 31, 2022 as against Tk. 7.99 (restated), Tk. 53.13 (restated) and Tk. 19.66 (restated) respectively for the year ended December 31, 2021. (cont.1)
- (Continuation news of DUTCHBANGL): Disclosures regarding recommendation of stock dividend: i) The bonus shares have been
(Continuation news of DUTCHBANGL): Disclosures regarding recommendation of stock dividend: i) The bonus shares have been declared to increase the paid-up capital of the Company and also to comply with the Bangladesh Bank DOS circular no. 01 dated 07.02.2021 and circular No.7 dated 16.03.2021. The retained amount will be used to strengthen the capital which helps to increase business capacity of the Company. (cont.2)
The first part of this announcement is missing from the archive. - Dividend Declaration
(Continuation news of DUTCHBANGL): ii) The bonus shares have been declared out of current year's profit. iii) The bonus shares have not been declared from capital reserve or revaluation reserve or any unrealized gain or out of profit earned prior to incorporation of the Company or through reducing paid up capital or through doing anything so that the post dividend retained earnings become negative or a debit balance. (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 (24.04.2023) 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 18, 2023 at 2:30 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.