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 2022 (30).
- (Q3 Un-audited): Consolidated EPS was Tk. 1.39 for July-September 2022 as against Tk. 1.47 for July-September 2021; Cons
(Q3 Un-audited): Consolidated EPS was Tk. 1.39 for July-September 2022 as against Tk. 1.47 for July-September 2021; Consolidated EPS was Tk. 3.60 for January-September 2022 as against Tk. 3.74 for January-September 2021. Consolidated NOCFPS was Tk. (2.46) for January-September 2022 as against Tk. 18.04 for January-September 2021. Consolidated NAV per share was Tk. 32.04 as on September 30, 2022 and Tk. 29.48 as on December 31, 2021. (cont.)
- Q3 Financials
(Continuation news of EBL): The Company has informed that despite increase of sizeable amount of deposit, the consolidated NOCFPS turned negative during the period from January to September 2022 mainly due to buying of significant amount of govt. treasury securities (HFT) and increase of loan disbursement (net off repayment). However, the negative cash flow from operating activities was partly compensated by positive cash flow from financing activities. (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 26, 2022 at 2:30 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended September 30, 2022.
- Consent of BSEC for issuance of Non-Convertible 3rd Subordinated Bond
Refer to their earlier news disseminated by DSE on 26.01.2022 regarding decision to issue Non-Convertible 3rd Subordinated Bond, the Company further informed that Bangladesh Securities and Exchange Commission (BSEC) has given consent to issue Non-Convertible, Unsecured Floating rate Fully-redeemable Subordinated Bond through private placement in cash consideration amounting to BDT 500.00 Crore for 7 years for raising 'Tier-II Capital Base' of the Company. The coupon rate of the bond will be 6%-9% p. a.
- Q2 Financials
(Q2 Un-audited): Consolidated EPS was Tk. 1.10 for April-June 2022 as against Tk. 1.31 for April-June 2021; Consolidated EPS was Tk. 2.21 for January-June 2022 as against Tk. 2.28 for January-June 2021. Consolidated NOCFPS was Tk. (1.74) for January-June 2022 as against Tk. (8.23) for January-June 2021. Consolidated NAV per share was Tk. 30.74 as on June 30, 2022 and Tk. 29.48 as on December 31, 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 July 27, 2022 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended June 30, 2022.
- Buy Confirmation of a Corporate Director
Coloasia Limited, one of the Corporate Directors of the company, has further informed that it has completed its buying of 2,11,82,232 shares of the company at prevailing market price through Dhaka Stock Exchange as per declaration disseminated on 19.06.2022.
- Sale Confirmation of a Corporate Director
Purnima Construction (Pvt.) Ltd., one of the Corporate Directors of the Company, has further informed that it has completed its sale of 1,60,00,000 shares of the Company at prevailing market price through Dhaka Stock Exchange as per declaration disseminated on 19.06.2022.
- Sale Confirmation of a Nominated Director
Mrs. Salina Ali, one of the Nominated Directors of the Company, has further informed that she has completed her sale of 1,55,00,000 shares of the Company at prevailing market price through Dhaka Stock Exchange as per declaration disseminated on 20.06.2022.
- Credit Rating Information and Services Limited (CRISL) has rated the Company as \"AA+\" in the long term and \"ST-1\" in
Credit Rating Information and Services Limited (CRISL) has rated the Company as \"AA+\" in the long term and \"ST-1\" in the short term along with a stable outlook in consideration of its audited financials up to December 31, 2021, un-audited financials up to March 31, 2022 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
- Dividend Disbursement
The Company has informed that it has credited bonus share to the respective shareholders' BO Accounts and disbursed the cash dividend to the respective shareholders for the year ended December 31, 2021.
- Sale Declaration of a Nominated Director
Mrs. Salina Ali, one of the Nominated Directors of the Company, has expressed her intention to sell 1,55,00,000 shares out of her holding 1,68,57,771 shares of the Company at prevailing market price (in the Block Market) through Dhaka Stock Exchange within next 30 working days.
- Sale Declaration of a Corporate Director
Purnima Construction (Pvt.) Ltd., one of the Corporate Directors of the Company, has expressed its intention to sell 1,60,00,000 shares out of its holding of 4,84,16,845 shares of the Company at prevailing market price (in the Block Market) through Dhaka Stock Exchange within next 30 working days.
- Buy Declaration of a Corporate Director
Coloasia Limited, one of the Corporate Directors of the company, has expressed its intention to buy 2,11,82,232 shares of the company at prevailing market price (in the Block Market) through Dhaka Stock Exchange within next 30 working days.
- Q1 Financials (Additional Information)
(Q1 Un-audited): The company has further informed the reasons for Negative Cash Flow in Operating Activities: Consolidated NOCFPS during the period from January to March 2022 was negative mainly due to buying of significant amount of govt. treasury securities and marginal growth of deposit amount. However, the negative cash flow from operating activities was partly compensated by positive Cash Flow from Financing Activities.
- Q1 Financials
(Q1 Un-audited): Consolidated EPS was Tk. 1.25 for January-March 2022 as against Tk. 1.09 for January-March 2021. Consolidated NOCFPS was Tk. (5.35) for January-March 2022 as against Tk. 6.50 for January-March 2021. Consolidated NAV per share was Tk. 34.80 as on March 31, 2022 and Tk. 32.01 as on March 31, 2021.
- Resumption after record date
Trading of the shares of the Company will resume on 26.04.2022 after record date.
- Suspension for Record date
Trading of the shares of the Company will remain suspended on record date i.e., 25.04.2022.
- 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 21.04.2022 to 24.04.2022. Trading of the shares of the Company will remain suspended on record date i.e., 25.04.2022.
- 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 April 25, 2022 at 2:30 PM to consider, among others, un-audited financial statements of the company for the First Quarter (Q1) period ended March 31, 2022.
- The Company has informed that it is going to migrate its current banking software to new Core Banking Software to provid
The Company has informed that it is going to migrate its current banking software to new Core Banking Software to provide more comfortable and secure banking services for the customers. In this regard, banking transactions will remain closed from 11:59 PM on April 13, 2022, to 08:00 AM on April 17, 2022 (Dhaka time) (cont.)
- Temporary suspension of banking operations for migration of new Core Bankin
(Continuation news of EBL): except the operation of the credit card and prepaid card transaction through other Bank?s ATM and POS. The Company has also informed that the banking transaction will resume on April 17, 2022 at 9.30 AM. (end)
The first part of this announcement is missing from the archive. - The Board of Directors has recommended 12.50\% cash and 12.50\% stock dividend for the year ended December 31, 2021. The
The Board of Directors has recommended 12.50\% cash and 12.50\% stock dividend for the year ended December 31, 2021. The Board of Directors has also decided to increase Authorized Capital from BDT 1,200.00 crore only to BDT 2,500.00 crore only and amendment of the related Clauses of the Memorandum of Association and Article of Association of the Company in compliance with the respective rules and regulations subject to approval of the Regulatory Authorities and the shareholders in the AGM. (cont. 1)
- (Continuation news of EBL): Date of AGM: 19.05.2022, Time: 11:00 AM, Venue: Digital Platform. Record date: 25.04.2022. T
(Continuation news of EBL): Date of AGM: 19.05.2022, Time: 11:00 AM, Venue: Digital Platform. Record date: 25.04.2022. The Company has also reported Consolidated EPS of Tk. 5.03, Consolidated NAV per share of Tk. 33.17 and Consolidated NOCFPS of Tk. 14.10 for the year ended December 31, 2021 as against Tk. 4.38, Tk. 30.87 and Tk. 6.32 respectively for the same period of the previous year. (cont. 2)
The first part of this announcement is missing from the archive. - The Company has requested the shareholders to update their respective BO Accounts (Mailing address, e-mail ID), Bank Acc
The Company has requested the shareholders to update their respective BO Accounts (Mailing address, e-mail ID), Bank Account details, e-TIN, Contact Number etc. through Depository Participants (DP) latest by April 24, 2022 (before record date). As per Section 54 of Income Tax Ordinance, 1984 without having e-TIN, Income Tax will be deducted @ 15\% instead of 10\% from payable Cash Dividend. (cont.)
- Dividend Declaration and increase of Authorized Capital
(Continuation news of EBL): Reason for recommending stock dividend: Stock dividend has been recommended to strengthen the capital base of the Company in order to support projected business growth and also to improve certain regulatory ratios. (end)
The first part of this announcement is missing from the archive. - Update of Information
(Continuation news of EBL): The concerned Depository Participants (DP) are requested to provide detailed information (both soft and hard copies) of their margin loan holders (if any) within May 12, 2022 who hold shares of the Company as on record date to the share Department or through email at [email protected]. (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 (03.04.2022) following its corporate declaration.
- 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 March 31, 2022 at 3:00 PM to consider, among others, audited financial statements of the Company for the year ended December 31, 2021.
- Decision to issue Non-Convertible 3rd Subordinated Bond
The Company has informed that Board of Directors of the Company has taken a decision to issue Non-Convertible, Non-listed, Redeemable '3rd Subordinated Bond of EBL' up to BDT 500.00 crore for 7 years to enhance capital base of the Company subject to approval of the respective Regulatory Authorities.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.