41st Annual General Meeting of United Commercial Bank PLC was held virtually on Sunday. The AGM was presided by Bashir Ahmed; Vice-Chairman of the Bank.
In the AGM, shareholders have approved 5% Stock dividend and 5% Cash dividend for the financial year 2023.
The Vice-Chairman Bashir Ahmed in his speech to shareholders said that UCB had generated attractive financial results in the previous year. UCB gained a tremendous growth in every arena like operating profit, loan and advances, deposit etc.
He also expressed that UCB will be continuing to serve the interest of shareholders, clients and on the whole communities.
Independent Director and Chairman, Audit Committee Touhid Shipar Rafiquzzaman; Chairman, UCB Foundation Nurul Islam Chowdhury; Directors Bazal Ahmed; Asifuzzaman Chowdhury; Md. Nasim Kalam; Masuma Parvin; Syed Kamruzzaman; Muhammed Shah Alam; Kanak Kanti Sen; Md. Aksed Ali Sarker were present at the AGM among others were present in the AGM.
Moreover, Managing Director & CEO of UCB Arif Quadri and Chief Financial Officer Faruk Ahammed FCA were also present at the AGM.