Committed to PEOPLE'S RIGHT TO KNOW
Vol. 5 Num 361 Fri. June 03, 2005  
   
Business


BASIC Bank okays 27.5pc dividend
BASIC Bank Ltd has declared for the year 2004 a 27.5 percent dividend of which 20 percent is stock and 7.5 percent is cash dividend.

The dividend was approved at the 16th annual general meeting (AGM) of the bank on Wednesday in Dhaka, says a press release.

Md Nurul Amin, secretary of Ministry of Industries and chairman of the bank, presided over the AGM.