NCC Banks 37th Annual General Meeting Held
NCC Banks 37th Annual General Meeting Held
NCC Banks 37th Annual General Meeting Held
14/08/2022
National Credit and Commerce Bank Ltd. has approved 16% dividend (12% Cash + 4% Stock) for the year 2021. The approval was given in the Bank’s 37th Annual General Meeting (AGM) held at virtual platform on Thursday (11/08/2022).
Chairman of NCC Bank Md. Abul Bashar presided over the meeting while Vice-Chairman Tanzina Ali, Director & Past Chairman Md. Abdul Awal, Director & Past Chairman Abdus Salam, Past Chairman & Chairman of the Risk Management Committee Alhaj Md. Nurun Newaz, Director & Past Vice Chairman Sohela Hossain, Director & Past Chairman Amjadul Ferdous Chowdhury, Past Chairman & Chairman of the Executive Committee S. M. Abu Mohsin, Director & Past Vice Chairman Khairul Alam Chaklader, Director Mohammed Sazzad Un Newaz, Independent Director Itrat Husain, Independent Director & Chairman of the Audit Committee Nurul Islam Chowdhury, Managing Director & CEO Mohammad Mamdudur Rashid and Company Secretary Md. Monirul Alam along with a large number of Shareholders joined the AGM virtually. The Audited Financial Statements of the Bank for the year ended on December 31, 2021 along with the Auditors’ report thereon and Directors' report were placed before the Shareholders at the AGM and were duly approved by them with majority votes.
Chairman of the Bank Md. Abul Bashar highlighted the business progress and said that while the Shareholders' equity, total Assets, EPS are increasing gradually, the Cost of Fund and Net Classified loans are decreasing, which reflects in Credit Ratings and also in CAMELS Rating of the Bank. He added that NCC Bank continuously maintaining positive growth by assuring transparency and accountability as well as using advanced technology and ensuring better customer services which will continue in the future also.
