IFC's approval of the sale of shares to the turnover of the City Bank Today, eight of the company's meeting approved dividend

IFC's approval of the sale of shares to the turnover of the City Bank

Today, eight of the company's meeting approved dividend

Eight companies listed on the stock's annual general meeting, or AGM on Thursday. The Dhaka Stock Exchange (DSE) has found, according to the website.
However, at the end of the financial year, the Board of Directors declared a dividend companies may be asked to confirm the approval of shareholders at the annual meeting on issues of importance. At the AGM will be held in different parts of the capital companies. The Green Delta Insurance Company, Lanka Bangla Finance, Prime Finance, Mercantile Bank, Prime Insurance, IDLC Finance, Social Islami Bank, Dutch-Bengali Bank. Each company has the financial year ended on December 31.
016 in December and finished the financial year for the Green Delta 0 percent cash, Lanka Bangla 15 percent cash and 15 percent bonus, Mercantile 15 per cent in cash and 5 per cent bonus, Prime Insurance, 13 percent cash, IDLC 30 percent cash, Social Islami 0 percent and Dutch-Bengali Bank declares cash dividend of 30 per cent. However, Prime Finance was unable to give shareholders a dividend.
According to the rules, the Board of Directors declared a dividend to shareholders after the final approval of the Annual General Meeting is distributed.
Meanwhile, the private sector share of the domestic bank-owned subsidiary agency of the World Bank's International Finance Corporation (IFC) today reported sales turnover of the bank shares. At the end of the day yesterday in the capital market, bank shares are traded Rs 73 million to 5 million. The bank, however, the share price has dropped nearly one and a half per cent or 60 paise to 40 rupees 80 paise.
However, 131 crore Citibank owned 5 percent of their shares are sold to IFC. In February last year, an agreement between the two organizations. However, domestic banks owned by the Bangladesh Bank on Tuesday approved the involvement of foreign companies. The final approval of the Bangladesh Bank and City Bank as a result of the transfer of shares within one month of the appointment of the board of directors representative of the IFC to be completed According to the sources.
Bank shares trading on the stock rose yesterday. Traded hands again exceeded 1 thousand 100 crore. At the end of the day, the amount of the transaction was about 1 thousand 135 crore, which is 139 million more than the previous day.
The Chittagong Stock Exchange (CSE) The amount of the transaction was approximately 83 million, nearly 16 million more than the previous day. At the end of the day the index fell two markets increased transaction. The first part of the day was the index higher. In the afternoon, the index began to decline under the pressure of selling.
The DSE Index has dropped 4 points 5 of 733 points diesaieksa day. The indicator decreased by 6 points in the overall market, and the city has 17 thousand 775 points.
IDLC Investments Merchant Bank market report, more than 30 percent of transactions in the capital markets, the banking sector. Turnover of the company's top three trading both banks. However, the trading price of the shares of most banks declined. 14 of the 30 banks tirai transaction prices, the price has increased by more than 1 out of 4, the price was unchanged.