Committed to PEOPLE'S RIGHT TO KNOW
Vol. 5 Num 35 Thu. July 01, 2004  
   
Business


BASIC Bank Declares 60pc dividend


BASIC Bank has declared a cash dividend of Tk 4.50 crore and bonus share worth Tk 22.50 crore out of the profit of Tk 65 crore made during the year 2003.

Industries Secretary and BASIC Bank Chairman Dr Shoaib Ahmed and Managing Director A H Ekbal Hossain Monday handed over a cheque for Tk 4.50 crore towards payment of cash dividend and bonus share of Tk 22.50 crore to Finance Minister M Saifur Rahman in Dhaka.

The dividend declared is 60 percent of the paid up capital.