National Credit and Commerce Bank PLC. announcements
982 Dhaka Stock Exchange announcements for National Credit and Commerce Bank PLC. (NCCBANK) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2024 (34).
- Resumption after Record Date
Trading of the shares of the company will resume on 15.12.2024.
- Suspension for Record Date
Trading of the shares of the company will remain suspended on record date i.e., 12.12.2024 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 10.12.2024 to 11.12.2024 and trading of the shares will remain suspended on record date i.e., 12.12.2024 for EGM.
- Election of Chairman
The company has informed that Alhaj Md. Nurun Newaz (Sponsor Director) has been elected as Chairman of the Board of Directors for 02 (two years).
- Regarding holding of EGM of the company
The company has informed that the Board of Directors has taken decision to hold the 11th EGM of the company. Date of EGM: 07.01.2025, Time: 12:00 PM, Venue: Virtually by using Digital Platform. Record Date: 12.12.2024. (cont.) (Cont. news of NCCBANK): The Extra-Ordinary General Meeting (EGM) will be held with a view to approve some amendments of the following Articles of the Articles of Association of the company through Special Resolutions subject to approval in EGM and Bangladesh Bank: Amendments: 1. Article 91: Number of Directors, 2. Article 94(1) and 94(2): Qualification of Directors, 3. Article 108(1): Chairman and Vice-Chairman. (end)
- Election of Chairman
The company has informed that Alhaj Md. Nurun Newaz has been elected as the Chairman of the Board of Directors of the company.
- Confirmation of share transfer and receipt by Sponsors
Mrs. Razia Hossain, a Sponsor of the company, has further reported that she has transferred 5,986,890 shares of the company to her spouse Mr. Tofazzal Hossain (a sponsor of the company) as per declaration disseminated by DSE on 31.10.2024.
- Confirmation of share receipt by a Sponsor
Mr. Alamgir Kabir, a Sponsor of the company, has further reported that he has received 3,855,000 shares of the company from his sister Ms. Ayesha Akhter as per declaration disseminated by DSE on 29.10.2024.
- Buy Confirmation of a Sponsor
Mr. Tofazzal Hossain, a Sponsor of the Company, has further informed that he has completed his buying of 12,50,000 shares (from two separate declarations of 10,00,000 shares and 2,50,000 shares) of the company at prevailing market price through Dhaka Stock Exchange PLC. as per declarations disseminated on 30.10.2024.
- Declaration of share transfer and receipt by Sponsors
Mrs. Razia Hossain, a Sponsor of the company, has expressed her intention to transfer 5,986,890 shares of the company to her spouse Mr. Tofazzal Hossain (a sponsor of the company), by way of gift outside the trading system of the Exchange within today i.e., October 31, 2024.
- Mr. Tofazzal Hossain, a Sponsor of the Company, has submitted a declaration to buy 10,00,000 shares of the Company at pr
Mr. Tofazzal Hossain, a Sponsor of the Company, has submitted a declaration to buy 10,00,000 shares of the Company at prevailing market price (in the Public Market) through Dhaka Stock Exchange PLC. within October 31, 2024.
- Buy Declaration of a Sponsor
Mr. Tofazzal Hossain, a Sponsor of the Company, has submitted another declaration to buy 2,50,000 shares of the Company at prevailing market price (in the Public Market) through Dhaka Stock Exchange PLC. within October 31, 2024.
- Q3 Financials
(Q3 Un-audited): Consolidated EPS was Tk. 1.81 for July-September 2024 as against Tk. 0.87 for July-September 2023; Consolidated EPS was Tk. 2.48 for January-September 2024 as against Tk. 2.30 for January-September 2023. Consolidated NOCFPS was Tk. 0.52 for January-September 2024 as against Tk. 1.22 for January-September 2023. Consolidated NAV per share was Tk. 22.96 as on September 30, 2024 and Tk. 21.82 as on December 31, 2023.
- Declaration of share receipt by a Sponsor
Mr. Alamgir Kabir, a Sponsor of the company, has informed that he will receive 3,855,000 shares of the company from his sister Ms. Ayesha Akhter (a General Shareholder of the company), by way of gift outside the trading system of the Exchange within October 31, 2024 with effect from October 28, 2024.
- 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 28, 2024 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended September 30, 2024.
- Refer to the earlier news disseminated by DSE on 10.08.2022 regarding issuance of NCC Bank Non-Convertible Subordinated
Refer to the earlier news disseminated by DSE on 10.08.2022 regarding issuance of NCC Bank Non-Convertible Subordinated Bond-2, the company has further informed that Bangladesh Securities and Exchange Commission (BSEC) vide their letter dated October 09, 2024 informed that the Commission is not in a position to approve the application of the Bank for issuance of \'NCC Bank Non-Convertible Subordinated Bond-2\' valuing Tk. 500 (five hundred) crore only. (cont.)
- BSEC declines issuance of NCC Bank Non-Convertible Subordinated Bond-2
(Cont. news of NCCBANK): However, the company will appeal to the Commission for further review and consideration for issuing this bond. (end)
The first part of this announcement is missing from the archive. - Dividend Disbursement
The Company has informed that it has disbursed the Cash Dividend for the year ended December 31, 2023 to the respective shareholders.
- Q2 Financials
(Q2 Un-audited): Consolidated EPS was Tk. 0.52 for April-June 2024 as against Tk. 0.76 for April-June 2023; Consolidated EPS was Tk. 0.67 for January-June 2024 as against Tk. 1.42 for January-June 2023. Consolidated NOCFPS was Tk. 1.31 for January-June 2024 as against Tk. 4.52 for January-June 2023. Consolidated NAV per share was Tk. 22.44 as on June 30, 2024 and Tk. 21.82 as on December 31, 2023.
- Reschedule of Board Meeting under LR 16(1)
The Company has further informed that due to unavoidable circumstances the meeting of the Board of Directors of the Company as per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, will be held on July 30, 2024 at 3:00 PM instead of July 23, 2024 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended June 30, 2024.
- 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 23, 2024 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended June 30, 2024.
- Credit Rating Result
Credit Rating Information and Services Limited (CRISL) has assigned the rating of the company as 'AA+' in the long term and "ST-1" in the short term along with Stable outlook in consideration of its audited financials up to December 31, 2023 also unaudited financials up to March 31, 2024 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
- Declaration of share transfer by a Director
Mr. S. M. Abu Mohsin, a Director of the company, has expressed his intention to transfer 2,14,00,000 shares of the company to his son Mr. Syed Asif Nizamuddin (a General Shareholder of the company), by way of gift outside the trading system of the Exchange within next 30 working days with effect from June 12, 2024.
- Appointment of Managing Director and CEO
The company has informed that Mr. M. Shamsul Arefin has assumed the office of the Managing Director and CEO of National Credit and Commerce Bank PLC with effect from May 08, 2024.
- Resumption after Record date
Trading of the shares of the company will resume on 03.06.2024.
- Suspension for Record date
Trading of the shares of the company will remain suspended on record date i.e., 02.06.2024.
- 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 29.05.2024 to 30.05.2024 and trading of the shares will remain suspended on record date i.e., 02.06.2024.
- Q1 Financials
(Q1 Un-audited): Consolidated EPS was Tk. 0.15 for January-March 2024 as against Tk. 0.67 for January-March 2023. Consolidated NOCFPS was Tk. 0.24 for January-March 2024 as against Tk. 1.45 for January-March 2023. Consolidated NAV per share was Tk. 22.05 as on March 31, 2024 and Tk. 21.82 as on December 31, 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, 2024 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended March 31, 2024.
- Dividend Declaration
The Board of Directors has recommended 12% Cash for the year ended December 31, 2023. Date of AGM: 01.08.2024, Time: 12:00 Noon, Venue: Digital Platform. Record Date: 02.06.2024. The Company has also reported Consolidated EPS of Tk. 2.07, Consolidated NAV per share of Tk. 21.82 and Consolidated NOCFPS of Tk. 8.74 for the year ended December 31, 2023 as against Tk. 2.38, Tk. 20.86 and Tk. 1.64 respectively for the year ended December 31, 2022.
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (02.05.2024) 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 April 30, 2024 at 03:00 PM to consider, among others, audited financial statements of the Company for the year ended December 31, 2023.
- Name Change of the Company
Dhaka Stock Exchange Limited (DSE) has approved the proposed name change of the Company. Accordingly, the name of the Company will be 'National Credit and Commerce Bank PLC.' instead of 'National Credit and Commerce Bank Limited' with effect from January 10, 2024. Other things (except name) will remain unchanged.
- Appointment of Managing Director and CEO
The Company has informed that Mr. M. Shamsul Arefin, Additional Managing Director will act as the Managing Director and CEO (Current Charge) of the company.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.