BRAC Bank posts record Tk1,432cr profit in 2024

BRAC Bank reported a remarkable profit of Tk1,431.84 crore in 2024, which is 73% higher from the previous year and highest in its history.
Riding on the robust profit, it recommended 12.5% cash and 12.5% stock dividend to its shareholders for the last year, according to its price sensitive statement that was approved at the board meeting held yesterday (25 April).
To approve the dividend, the bank will conduct the annual general meeting on 19 June, and the record date is 25 May.