The National Bank Limited (NBL), a leading private bank in Bangladesh, has made a record profit of Tk 9219.18 million along with asset growth of 16.09 percent during 2018. The NBL, the most profitable scheduled bank in the country, has also announced stock dividend of 10 percent this year for its shareholders.
Zainul Haque Sikder, sponsor director of NBL, also a valiant freedom fighter and Chairman of the Bank said this while presiding over the 36th Annual General Meeting (AGM) the bank held at Hotel Radisson Blu Dhaka Water Garden in the capital on Thursday. NBL Director Monowara Sikder, Director, EC Chairperson and also a lawmaker Parveen Haque Sikder, Directors Moazzam Hossain, Rick Haque Sikder, Ron Haque Sikder and Mabroor Hossain, Representative Director of Sikder Insurance, Mamtazul Haque, Independent Director Md Mahabubur Rahman Khan, Managing Director Choudhury Moshtaq Ahmed and AMD and Company Secretary of the Bank ASM Bulbul were present in the meeting along with a large number of shareholders.
In order to maintain business growth at a desirable level in the coming days, the bank’s sponsor director focussed on result-oriented efforts and dynamic activities from all concerned of the bank. Expressing firm determination for giving higher dividend in the future, he appreciated the approval of 10 percent stock dividend for the year ending on December 31, 2018.
He said, “We want to assure that whatever the challenges lie in the years ahead, we are ambitious to attain a new height in performance to bring better remunerative results for the shareholders of the bank. We wish all sorts of supports from our valued patrons on our journey ahead”. Commenting on the bank’s growth, he said, “We are trying to use our strong capital position by increasing loans and deposits along with a good customer base. Average loan of the bank increased by 26.57 percent while average deposit by 15.55 percent.”
The chairman told the AGM that in 2018, the bank has made direct contribution of Tk 3827.18 million as advance tax to the national exchequer. Showing his heartfelt gratitude to the Father of the Nation Bangabandhu Sheikh Mujibur Rahman, the valiant freedom fighter vowed to contribute more in the national economy to build a developed country by 2041 as targeted by the government.
To continue the bank’s positive growth, he informed that the bank will emphasize on investing further for customer-friendly modern technology and communications. It will also expand its network by opening new branches across the country. By the end of 2019, it will have 210 branches to strengthening market leadership to every possible place of the country.
To facilitate the rural people with the modern banking facilities, the bank is also aiming to launch a number of banking booths in some remote areas of the country. “We aim to deliver financial solution, technology, products and services that exceed our clients’ need and demand. We want to be the most respected financial service provider in the country by the next year,” the chairman further added.
Zainul Haque Sikder, sponsor director of NBL, also a valiant freedom fighter and Chairman of National Bank Limited, is being escorted at the dais of the 36th Annual General Meeting (AGM) of the bank at Hotel Radisson Blu Dhaka Water Garden on Thursday. AMD and Company Secretary of the Bank ASM Bulbul and Director and COO of Sikder Group Syed Qamrul Islam Mohon welcomed him after his arrival.
National Bank Limited (NBL) Director Monowara Sikder is being escorted to the dais of the 36th Annual General Meeting (AGM) of the bank by Director, EC Chairperson and also a lawmaker Parveen Haque Sikder, Directors Rick Haque Sikder and Ron Haque Sikder after arrival at Hotel Radisson Blu Dhaka Water Garden on Thursday.
High officials along with a large number of shareholders of National Bank Limited (NBL) are present at the 36th Annual General Meeting (AGM) of the bank held at Hotel Radisson Blu Dhaka Water Garden on Thursday.
“We want to assure that whatever the challenges lie in the years ahead, we are ambitious to attain a new height in performance to bring better remunerative results for the shareholders of the bank. We wish all sorts of support from our valued patrons on our journey ahead”
