NCC Bank has been maintaining positive growth continuously by assuring transparency and accountability as well as using advanced technology and ensuring better customer services which will continue in the future also, said Chairman of NCC Bank S. M. Abu Mohsin.
He was addressing the 36th Annual General Meeting (AGM) of the bank, held at virtual platform on Thursday.
He further 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.
The AGM has approved 15% dividend (7.5% Cash + 7.5% Stock) for the year 2020.
S M Mohsin was presiding over the meeting while Vice-Chairman Md. Abul Bashar, EC Chairman Engineer Abdus Salam, Chairman of the Risk Management Committee Md. Nurun Newaz Salim, Directors of the Bank Md. Abdul Awal, Sohela Hossain, Tanzina Ali, Khairul Alam Chaklader, Mohammed Sazzad Un Newaz, Independent Director & Chairman of the Audit Committee Nurul Islam Chowdhury, FCA, Independent Director & Chairman of the Nomination & Remuneration Committee Itrat Husain, FCMA, FCS, 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, 2020 along with the Auditors’ report thereon and Directors' report were placed before the Shareholders at the AGM and were duly approved by them.
