Prime Bank PLC. announcements
530 Dhaka Stock Exchange announcements for Prime Bank PLC. (PRIMEBANK) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2023 (22).
- 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 \'Prime Bank PLC.\' instead of \'Prime Bank Limited\' with effect from November 29, 2023. Other things (except name) will remain unchanged.
- (Q3 Un-audited): Consolidated EPS was Tk. 1.12 for July-September 2023 as against Tk. 0.88 for July-September 2022; Cons
(Q3 Un-audited): Consolidated EPS was Tk. 1.12 for July-September 2023 as against Tk. 0.88 for July-September 2022; Consolidated EPS was Tk. 3.05 for January-September 2023 as against Tk. 2.47 for January-September 2022. Consolidated NOCFPS was Tk. 4.47 for January-September 2023 as against Tk. 1.09 for January-September 2022. Consolidated NAV per share was Tk. 29.75 as on September 30, 2023 and Tk. 27.18 as on September 30, 2022. (cont.)
- Q3 Financials
(Continuation news of PRIMEBANK): Reasons for deviation in EPS and NOCFPS: EPS has been improved due to increase of net interest and investment income. NOCFPS has been improved due to incremental deposit mobilization commensurate with increase in operating income. (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 18, 2023 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended September 30, 2023.
- The company has informed that the Board of Directors of the Company has approved, amongst others, the proposal for: a) s
The company has informed that the Board of Directors of the Company has approved, amongst others, the proposal for: a) setting up a subsidiary with an initial minimum paid-up capital of BDT 45.00 crore to provide mobile financial services under a bank-led MFS model; b) setting up a subsidiary with an initial minimum paid-up capital of BDT 10.00 crore to provide asset management services & alternative investment fund; and (cont.)
- (Continuation news of PRIMEBANK): c) for joining a consortium of 10 commercial banks who together will apply for a digit
(Continuation news of PRIMEBANK): c) for joining a consortium of 10 commercial banks who together will apply for a digital bank with the proposed name of \"Digi10 Bank PLC\", and also to become a sponsor shareholder by way of investing an initial minimum paid-up capital of BDT 12.50 crore only out of total initial paid-up capital of BDT 125.00 crore. All of the above are subject to required regulatory approvals. (end)
The first part of this announcement is missing from the archive. - (Q2 Un-audited): Consolidated EPS was Tk. 1.01 for April-June 2023 as against Tk. 0.67 for April-June 2022; Consolidated
(Q2 Un-audited): Consolidated EPS was Tk. 1.01 for April-June 2023 as against Tk. 0.67 for April-June 2022; Consolidated EPS was Tk. 1.93 for January-June 2023 as against Tk. 1.59 for January-June 2022. Consolidated NOCFPS was Tk. (0.79) for January-June 2023 as against Tk. (1.26) for January-June 2022. Consolidated NAV per share was Tk. 28.56 as on June 30, 2023 and Tk. 26.19 as on June 30, 2022. (cont.)
- Q2 Financials
(Continuation news of PRIMEBANK): Consolidated EPS has increased compared to the same period of the previous year due to the increase of net interest and investment income. Consolidated NOCFPS is higher compared to the same period of the previous year due to the increase of deposit. (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 July 16, 2023 at 3:00 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 disbursed the cash dividend for the year ended December 31, 2022 to the respective shareholders.
- BSEC Consent for issuance of Subordinated Bond
Refer to the earlier news disseminated by DSE on 23.10.2022 regarding decision to issue Unsec. Non-Convertible Subordinated Bond, the company has further informed that BSEC has accorded its consent to issue non-convertible, unsecured, fully redeemable, floating rate Prime Bank subordinated bond of BDT 300 crore through private placement to enhance the Tier II capital base of the company.
- Emerging Credit Rating Limited (ECRL) has assigned Surveillance rating of the Company as \"AA+\" in the long term and \"
Emerging Credit Rating Limited (ECRL) has assigned Surveillance rating of the Company as \"AA+\" in the long term and \"ST-2\" in the short term along with Stable outlook based on the audited financial statements up to December 31, 2022 and other available information up to the date of rating declaration.
- Resumption after record date
Trading of the shares of the company will resume on 02.05.2023.
- Address change of Investors Relation Office
The company has informed that the Investors Relation Office of the company will start its operation at the new address: Prime Tower, Plot-35 & 8 (1st Floor), Nikunja C/A, Dhaka-1229 from May 02, 2023.
- Suspension for record date
Trading of the shares of the company will be suspended on record date i.e., 30.04.2023.
- 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 26.04.2023 to 27.04.2023 and trading of the shares will remain suspended on record date i.e., 30.04.2023.
- Q1 Financials
(Q1 Un-audited): Consolidated EPS was Tk. 0.92 for January-March 2023 as against Tk. 0.92 for January-March 2022. Consolidated NOCFPS was Tk. (1.35) for January-March 2023 as against Tk. (4.43) for January-March 2022. Consolidated NAV per share was Tk. 29.37 as on March 31, 2023 and Tk. 27.36 as on March 31, 2022. Reason for significant deviation in NOCFPS: NOCFPS has been increased due to incremental deposit mobilization commensurate with asset mobilization.
- 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 17, 2023 at 2:05 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 dividend for the year ended December 31, 2022. Date of AGM: 28.05.20
The Board of Directors has recommended 17.50\% Cash dividend for the year ended December 31, 2022. Date of AGM: 28.05.2023, Time: 5:00 PM, Venue: Digital Platform. Record Date: 30.04.2023. The Company has reported Consolidated EPS of Tk. 3.53, Consolidated NAV per share of Tk. 28.41 and Consolidated NOCFPS of Tk. (0.28) for the year ended December 31, 2022 as against Tk. 2.87, Tk. 26.26 and Tk. 9.65 respectively for the year ended December 31, 2021. (cont.)
- Dividend Declaration
(Continuation news of PRIMEBANK): The company has also informed that EPS has increased due to higher foreign exchange earnings compared to the last year. NOCFPS has decreased due to higher growth in disbursement of loans & advances and investment in government securities compared to the last year. (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 (06.04.2023) 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 05, 2023 at 3:00 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.