The shareholders of BD Finance approved 12% dividend (6 % stock and 6 % cash) for the year ended December 31, 2020 at its 22nd annual general meeting (AGM) held on Wednesday through virtual platform.
Mr. Iqbal U Ahmed, Vice Chairman of BD Finance presided over the meeting.
The company's Consolidated Earnings per share (EPS) stood at Tk. 1.80 in 2020 as against Tk. 1.12 in 2019. Net Profit after Tax increased by 65% where Operating Expenses decreased by 11.45%. NPL reduced to 3.22% from 4.84% in 2019. The Net Asset Value (NAV) per share stood at Tk. 17.86 as against Tk. 16.37 in 2019. Capital Adequacy Ratio (CAR) of the company increased to 18.72% as against 17.57% in 2019.
The meeting was attended among others by Director Mr. Md. Asaduzzaman Khan, Director Mr. Golam Hafiz Ahmed, Director Mrs. Shahnaz Rashid, Director Mr. Geasuddin Ahmed, Director Mr. Yousuf Aman, Director Mr. Imtiyaj Yousuf, Director Mr. Ihtiaz Yousuf, Director Mr. Md. Rokonuzzaman, FCA, Managing Director & CEO Md. Kyser Hamid and CFO of the company Mr. Md. Sajjadur Rahman Bhuiyan. Company Secretary Mr. Munshi Abu Naim ACS conducted the Meeting. A large number of shareholders also attended the meeting on virtual platform.