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TUESDAY, JULY 15, 2025
Premier Bank declares no dividend due to shortfall in provisions

Stocks

TBS Report
29 May, 2025, 09:15 pm
Last modified: 29 May, 2025, 09:21 pm

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Premier Bank declares no dividend due to shortfall in provisions

The bank approved its financial statement for the last year and announced the dividend at a meeting held today.

TBS Report
29 May, 2025, 09:15 pm
Last modified: 29 May, 2025, 09:21 pm
Premier Bank declares no dividend due to shortfall in provisions

Premier Bank has declared no dividend for 2024 due to significant shortfall in required provisions, according to its price sensitive statement.

The bank approved its financial statement for the last year and announced the dividend at a meeting held today (29 May), according to sources.

Last year, its consolidated earnings per share dropped by 68% to Tk1.09 compared to the previous year.

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