Prime Bank approves 15% cash dividend for 2020

Prime Bank on Thursday approved a 15% cash dividend for the year 2020 at its 26th annual general meeting (AGM).

The bank also adopted the director’s report and audited financials and approved the appointment and reappointment of directors, statutory auditor, and compliance auditor at the AGM. 

Prime Bank held the meeting virtually in the presence of 299 shareholders, board of directors, independent scrutinizers, auditors, observers, and senior officials, reads a press release.

Tanjil Chowdhury, chairman of the bank, chaired the meeting.

Among others, Executive Committee Chairman Zaeem Ahmed, Audit Committee Chairman Shamsuddin Ahmad, NRC and Risk Management Committee Chairman GM Khurshid Alam, former chairman and President of the BAPLC Azam J Chowdhury, and the Managing Director and CEO Hassan O Rashid were present during the meeting.