Eastern Bank PLC. announcements
346 Dhaka Stock Exchange announcements for Eastern Bank PLC. (EBL) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2018 (21).
- Consent from BSEC for issuing Subordinated Bond
With reference to their earlier news disseminated by DSE on 13.08.2018 regarding issuance of Non-Convertible, Non-Listed & Redeemable Subordinated Bond, the Company has further informed that Bangladesh Securities and Exchange Commission (BSEC) has given consent under the provisions of the Securities and Exchange Commission (Private Placement of Debt Securities) Rules, 2012, for raising 'Tier-II Capital' (cont.) (Continuation news of EBL): of the Company amounting to Tk. 500.00 crore for 7-Years by the issuance of Floating Rate, Non-Convertible, Subordinated Bond of EBL through Private Placement. The consent has been accorded subject to obtain No Objection Certificate (NOC) from the Bangladesh Bank in this regard and due compliance with the relevant laws and regulatory requirements. (end)
- Q3 Financials
(Q3 Un-audited): Consolidated EPS was Tk. 1.06 for July-September 2018 as against Tk. 1.03 for July-September 2017; Consolidated EPS was Tk. 2.88 for January-September 2018 as against Tk. 3.34 for January-September 2017. Consolidated NOCFPS was Tk. 13.68 for January-September 2018 as against Tk. (8.16) for January-September 2017. Consolidated NAV per share was Tk. 30.30 as on September 30, 2018 and Tk. 29.64 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 October 27, 2018 at 12:00 Noon to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on September 30, 2018.
- Decision to issue Non-Convertible Non-Listed & Redeemable Subordinated Bond
The Company has informed that the Board of Directors has unanimously decided to issue Non-Convertible, Non-Listed & Redeemable '2nd Subordinated Bond of EBL' upto Tk. 500.00 crore for 7 years to enhance the capital base, subject to approval of the respective Regulatory Authorities.
- Q2 Financials
(Q2 Un-audited): Consolidated EPS was Tk. 1.14 for April-June 2018 as against Tk. 1.04 for April-June 2017; Consolidated EPS was Tk. 1.83 for January-June 2018 as against Tk. 2.31 for January-June 2017. Consolidated NOCFPS was Tk. 10.47 for January-June 2018 as against Tk. 1.98 for January-June 2017. Consolidated NAV per share was Tk. 29.25 as on June 30, 2018 and Tk. 28.64 as on June 30, 2017.
- Credit Rating Result
Credit Rating Information and Services Limited (CRISL) has rated the Company as "AA+" in the long term and "ST-2" in the short term along with a stable outlook in consideration of its audited financials up to December 31, 2017, unaudited financials up to March 31, 2018 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
- 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, 2018 at 3:00 PM to consider, among others, unaudited financial statements of the Company for the Second Quarter (Q2) period ended on June 30, 2018.
- Investment for establishing full-fledged branches in India
Referring to their earlier news disseminated on June 08, 2017, the Company has further informed that the Board of Directors has unanimously decided and accorded approval of US$ 25.00 million required as Regulatory Capital and (cont.) (Continuation news of EBL): allocate additional US$ 10.00 million on need basis for establishing full-fledged branches in India and authorized the Management of the Bank (EBL) to apply to Bangladesh Bank for obtaining necessary permission in this regard and also to liaise with PWC private Limited (India) for obtaining necessary permission from the Reserve Bank of India. (end)
- Dividend Disbursement
The Company has informed that it has disbursed the cash dividend for the year ended on December 31, 2017.
- Address Change of Registered Office and Head Office
The Company has informed that the Registered Office and Head Office of the Company have been shifted to its new address at Corporate Head Office Building, 100 Gulshan Avenue, Gulshan, Dhaka - 1212.
- Address Change of Share Department
The Company has informed that the Share Department of the Company has been shifted to Uday Tower (Level-1), 57-57A Gulshan Avenue, Gulshan, Dhaka-1212, with effect from 24 June 2018.
- Elected Chairman
The Company has informed that the Board of Directors has elected Mr. Md. Showkat Ali Chowdhury as the Chairman of the Board of Directors of the Company, with effect from June 5, 2018.
- Resumption after record date
Trading of the shares of the Company will resume on 21.05.2018 after record date.
- Suspension for Record Date
Trading of the shares of the Company will remain suspended on record date i.e., 20.05.2018.
- 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 16.05.2018 to 17.05.2018. Trading of the shares of the Company will remain suspended on record date i.e., 20.05.2018.
- Q1 Financials
(Q1 Un-audited): Consolidated EPS was Tk. 0.69 for January-March 2018 as against Tk. 1.27 for January-March 2017. Consolidated NOCFPS was Tk. 5.41 for January-March 2018 as against Tk. (3.69) for January-March 2017. Consolidated NAV per share was Tk. 30.10 as on March 31, 2018 and Tk. 29.51 as on March 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 09, 2018 at 3:00 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 20% cash dividend for the year ended on December 31, 2017. Date of AGM: 05.06.2018, Time: 11:00 AM, Venue: Police Convention Hall, Eskaton Garden Road, Ramna, Dhaka: 1000. Record Date: 20.05.2018. (cont.) (Continuation news of EBL): The Company has also reported Consolidated EPS of Tk. 3.29, Consolidated NAV per share of Tk. 29.64 and Consolidated NOCFPS of Tk. (9.21) for the year ended on December 31, 2017 as against Tk. 3.68, Tk. 28.23 and Tk. (7.63) respectively for the same period of the previous year. (end)
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (25.04.2018) following its corporate declaration.
- Reschedule of Board Meeting under LR 19(1)
The Company has further informed that meeting of the Board of Directors of the Company, as per Regulation 19(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, will now be held on April 24, 2018 at 3:00 PM instead of April 22, 2018 to consider, among others, audited financial statements of the Company for the year ended on December 31, 2017.
- 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 22, 2018 at 3:00 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.