Dutch-Bangla Bank PLC holds 29th Annual General Meeting
Dutch-Bangla Bank PLC held its 29th Annual General Meeting (AGM) on June 19, 2025, at 11:00 a.m. via a virtual platform.
The meeting was presided over by Sadia Rayen Ahmed, Chairman of the Board of Directors, who welcomed the shareholders to the session.
A large number of shareholders joined the AGM virtually. At the meeting, shareholders approved a 20% dividend for the year 2024—10% in cash and 10% in stock per share.
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The audited financial statements for the year ended December 31, 2024, were presented and approved during the Annual General Meeting (AGM). Shareholders shared observations and suggestions on the bank's performance, expressing confidence in its continued growth.
As of the end of 2024, the bank's total assets reached Tk 679,875.5 million, reflecting a 14.5% growth from Tk 593,883.1 million in 2023. Loans and advances stood at Tk 428,689.4 million, a 4.0% increase from Tk 412,073.0 million in 2023. Customer deposits rose by 10.4% to Tk 521,872.5 million, up from Tk 472,590.1 million.
In 2024, profit before tax totalled Tk 5,369.5 million, while profit after tax amounted to Tk 4,734.8 million. Earnings per share attributable to shareholders was Tk 5.39. The bank maintained a Capital Risk-weighted Assets Ratio (CRAR) of 13.8% under Basel III, exceeding the Bangladesh Bank minimum requirement of 12.5%.
The AGM also approved the reappointment of Ms Tang Yuen Ha, Ada, as Director of the Bank.
Additionally, PKF Aziz Halim Khair Choudhury, Chartered Accountants, was appointed as external auditor, and Hoda Vasi Chowdhury & Co. Chartered Accountants, was appointed as the Corporate Governance Compliance Auditor for 2025.
The AGM reaffirmed the Dutch-Bangla Bank's commitment to delivering strong financial results and sustainable value to its shareholders.
