Brac Bank approves 15pc dividend

Brac Bank shareholders yesterday approved 15pc dividend--7.50pc in the form of cash and 7.50pc in stock -- for 2021.

The approval came at its 23rd annual general meeting held virtually, says a press release.

The shareholders were informed that the bank registered a net profit after tax of Tk 555 crore.

The event was presided over by Chairman Dr Ahsan H Mansur and attended by Managing Director and CEO Selim RF Hussain and directors Asif Saleh, Fahima Choudhury, Farzana Ahmed, Dr Zahid Hussain, Meheriar M Hasan, Shameran Abed, Dr Mustafa K Mujeri, Faruq Mayeenuddin Ahmed and Salek Ahmed Abul Masrur.