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CSE news on BRACBANK
2024-11-04: Disclosure Program on unaudited quarterly financial statements
BRACBANK: The Company has informed that they will organize an earnings disclosure programme on its un-audited Third Quarter (Q3) Financial Statements for the period ended September 30, 2024 on November 11, 2024 at 08:00 PM through Digital Platform. The concerned shareholders, research analysts and financial reporters are welcome to participate in this event via live webcast facility at the web link https://meetbd.live/bracbankQ32024. Questions may also be submitted via email to earningsdisclosure@bracbank.com on or by 04:00 PM of the above mention date. Name, Designation, Organization Name and Contact Numbers have to be included while sending the questions via email.
2024-10-29: Cont-Un-audited Financial Statements
BRACBANK: (Quarter 3) (cont) The profits increased mainly for incremental investment income as well as commission & fees income etc. NOCFPS has been increased significantly for the reported period mainly for higher deposits mobilization from customers and bank's borrowing as well as the growth in the loan portfolio being lower compared to the same period of the previous year. NAVPS has been increased compared to the last year 2023 due to the combined impact of increase in net profit and revaluation reserve on govt. securities.(end)
2024-10-29: Un-audited Financial Statements
BRACBANK: (Quarter 3) As per un-audited financial statements of the Company, Consolidated EPS was Tk. 1.97 for July-September, 2024 as against Tk. 1.22 for July-September, 2023; Consolidated EPS was Tk. 4.92 for January-September, 2024 as against Tk. 2.97 for January-September, 2023. Consolidated NOCFPS was Tk. 49.51 for January-September, 2024 as against Tk. 25.10 for January-September, 2023. Consolidated NAV per share was Tk. 42.38 as on September 30, 2024 and Tk. 37.60 as on December 31, 2023. Reasons for deviations in EPS, NOCFPS and NAVPS: EPS has been increased due to higher profit earned compared to the same period of last year (Q3-2023). (cont)
2024-10-21: Board Meeting
BRACBANK: The Company has informed that the Board Meeting of the Company will be held on October 28, 2024 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended September 30, 2024.
2024-07-30: Un-audited HY A/Cs
BRACBANK: (Quarter 2) As per un-audited half yearly accounts of the Company, Consolidated EPS was Tk. 1.41 for April-June 2024 as against Tk. 0.94 for April-June 2023; Consolidated EPS was Tk. 2.95 for January-June 2024 as against Tk. 1.75 for January-June 2023. Consolidated NOCFPS was Tk. 35.83 for January-June 2024 as against Tk. 19.61 for January-June 2023. Consolidated NAV per share was Tk. 39.95 as on June 30, 2024 and Tk. 37.60 as on December 31, 2023.
2024-07-25: Board Meeting
BRACBANK: The Company has informed that the Board Meeting of the Company will be held on July 29, 2024 at 03:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended June 30, 2024.
2024-07-03: Cash Dividend Disbursement
BRACBANK: The Company has informed that it has disbursed the Cash Dividend for the year ended December 31, 2023 to the respective shareholders.
2024-07-02: Credit Rating(Revised)
BRACBANK: Refer to their earlier news disseminated by CSE on 30.06.2024 regarding credit rating, Emerging Credit Rating Limited (ECRL) has resubmitted the credit rating as follows: Surveillance rating of the Company is "AAA" in the long term and "ST-1" in the short term along with a Stable outlook based on audited financial statements up to December 31, 2023 and other relevant quantitative as well as qualitative information up to the date of rating.
2024-06-30: Credit Rating
BRACBANK: Emerging Credit Rating Limited (ECRL) has affirmed surveillance credit rating of the company as "AAA" in the long term and "ST-2" in the short term along with a Stable outlook with based on audited financial statements up to December 31, 2023 and other relevant quantitative as well as qualitative information up to the date of rating.
2024-06-06: Bonus Shares Credited
BRACBANK: The Company has informed that it has credited the Bonus Shares for the year ended December 31, 2023 to the respective shareholders' BO Accounts.
2024-06-02: Sale confirmation
BRACBANK: Mr. Selim Reza Farhad Hussain, Managing Director & CEO of the Company, has completed his sale of 4,85,023 shares of the company at prevailing market price through Dhaka Stock Exchange PLC. (DSE) as per declaration disseminated on 16.04.2024.
2024-05-29: Bangladesh Bank's consent to purchase land
BRACBANK: Refer to their earlier news disseminated by CSE on 25.02.2024 regarding decision to purchase land for Head Office building, the company has further informed that Bangladesh Bank has given consent on the same.
2024-05-16: Record Date on19.05.2024
BRACBANK: Trading of the shares of the company will remain suspended on its record date i.e., 19.05.2024. Trading of the shares of the Company will resume on 20.05.2024.
2024-05-14: Spot trade from tomorrow (15.05.2024)
BRACBANK: Trading of the shares of the company will be allowed only in the Spot Market from 15.05.2024 to 16.05.2024 as the record date of the Company is on 19.05.2024.
2024-05-12: BSEC consent for issuance of 10% stock dividend
BRACBANK: Refer to their earlier news disseminated by CSE on 03.04.2024 and 06.05.2024, the company has further informed that Bangladesh Securities and Exchange Commission has given consent to issue 10% stock dividend for the year ended December 31, 2023 of the company. The record date for the entitlement of bonus share/stock dividend will be May 19, 2024.
2024-05-09: Disclosure Program on annual audited & 1st quarter financial statements
BRACBANK: The Company has informed that they will organize an earnings disclosure program on its Audited Financial Statements for the year ended December 31, 2023 and First Quarter (Q1) Un-Audited Financial Statements ended March 31, 2024 on Monday, May 13, 2024 at 8:00 PM through Digital Platform. The Valued Shareholders, Research Analysts and Financial Reporters can participate and ask questions at this event via live webcast facility at the web link: https://meetbd.live/bracbankfy23_q124. Questions may also be submitted via email: earningsdisclosure@bracbank.com on or by 04:00 PM of the above mentioned date. Please include full name, designation, organization name and contact number while sending the question via email.
2024-05-08: Un-audited Financial Statements
BRACBANK: (Quarter 1) As per the un-audited financial statements of the Company, Consolidated EPS was Tk. 1.70 for January-March 2024 as against Tk. 0.89 for January-March 2023. Consolidated NOCFPS was Tk. 34.49 for January-March 2024 as against Tk. 1.72 for January-March 2023. Consolidated NAV per share was Tk. 42.97 as on March 31, 2024 and Tk. 41.36 as on December 31, 2023.
2024-05-06: Record Date tomorrow (07.05.2024)
BRACBANK: Trading of the shares of the company will remain suspended on its record date i.e., 07.05.2024. Trading of the shares of the Company will resume on 08.05.2024.
2024-05-06: Regarding stock dividend for the year ended December 31, 2023
BRACBANK: Refer to their earlier news disseminated by CSE on 03.04.2024 regarding Recommendation of Dividend, the company has further informed that they are yet to receive the consent of ''Stock Dividend'' from Bangladesh Securities and Exchange Commission. The record date on May 07, 2024 of the company is applicable for only Cash Dividend and AGM of the company. The record date for ''Stock Dividend'' will be announced once consent is obtained from the Bangladesh Securities and Exchange Commission.
2024-05-02: Spot trade from 05.05.2024
BRACBANK: Trading of the shares of the company will be allowed only in the Spot Market from 05.05.2024 to 06.05.2024 as the record date of the Company is on 07.05.2024.
2024-04-30: Board Meeting
BRACBANK: The Company has informed that the Board Meeting of the Company will be held on May 07, 2024 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended March 31, 2024.
2024-04-28: Credit Rating
BRACBANK: Credit Rating Agency of Bangladesh Limited (CRAB) has announced the Rating of the Company as ''AAA'' in the long term and ''ST-1'' in the short term along with stable outlook based on audited financial statements as of December 31, 2023 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
2024-04-16: Sale Intention
BRACBANK: Mr. Selim Reza Farhad Hussain, Managing Director & CEO of the Company, has reported his intention to sell 4,85,023 shares out of his total holding of 4,95,023 shares of the company at prevailing market price (in the Public Market) through Dhaka Stock Exchange PLC. (DSE) within next 30 working days.
2024-04-03: CB Free
BRACBANK: Please note that there will be no price limit today 03.04.2024 on the trading of the shares of the Company following its corporate declaration.
2024-04-03: Cont-Recommendation of Dividend
BRACBANK(cont): Reasons for declaration of stock dividend: i) Bonus shares have been recommended to strengthen the capital base of the Bank to support business growth. ii) Bonus shares have declared out of current year's profit. iii) Bonus shares are not declared from capital reserve or revaluation reserve or any unrealized gain or out of profit earned prior to incorporation of the Company or through reducing paid up capital or through doing anything so that the post dividend retained earnings become negative or a debit balance.(end)
2024-04-03: Recommendation of Dividend
BRACBANK: The Board of Directors has recommended 10% cash and 10% stock dividend for the year ended December 31, 2023. The Stock Dividend is subject to approval from BSEC. Date of AGM: 30.05.2024, Time: 11:00 AM, Venue: Digital Platform. Record Date: 07.05.2024. The Company has also reported Consolidated EPS of Tk. 4.73, Consolidated NAV per share of Tk. 41.36 and Consolidated NOCFPS of Tk. 40.76 for the year ended December 31, 2023 as against Tk. 3.75, Tk. 38.03 and Tk. 23.39 respectively for the year ended December 31, 2022.(cont)
2024-03-27: Board Meeting
BRACBANK: The Company has informed that the Board Meeting of the Company will be held on April 02, 2024 at 2:00 PM to consider, among others, audited financial statements of the Company for the year ended December 31, 2023.
2024-02-25: Decision to purchase land for Head Office building
BRACBANK: The company has informed that the Board of Directors has decided to purchase land for its Head Office building in Dhaka city; subject to the necessary approval from Bangladesh Bank. The total cost of the acquisition shall be approximately BDT 300 Crore (all inclusive).
2023-11-05: Disclosure Program on unaudited quarterly financial statements
BRACBANK: BRAC Bank PLC. has informed that they will organize an earnings disclosure programme on its un-audited Third Quarter (Q3) Financial Statements for the period ended September 30, 2023 on November 07, 2023 at 07:30 PM through Digital Platform. The concerned shareholders, research analysts and financial reporters are welcome to participate in this event via live webcast facility at the web link https://meetbd.live/bracbankQ32023. Questions may also be submitted via email to earningsdisclosure@bracbank.com on or by 04:00 PM of the above mention date. Name, Designation, Organization Name and Contact Numbers have to be included while sending the questions via email.
2023-11-01: Un-audited Financial Statement
BRACBANK: (Quarter 3) As per the un-audited financial statements of the Company, Consolidated EPS was Tk. 1.34 for July-September, 2023 as against Tk. 0.99 for July-September, 2022; Consolidated EPS was Tk. 3.26 for January-September, 2023 as against Tk. 2.35 for January-September, 2022. Consolidated NOCFPS was Tk. 28.02 for January-September, 2023 as against Tk. 4.46 for January-September, 2022. Consolidated NAV per share was Tk. 40.22 as on September 30, 2023 and Tk. 38.01 as on December 31, 2022. (cont)
2023-11-01: Cont-Un-audited Financial Statement
BRACBANK: (Quarter 3) (cont) Reasons for Deviations in EPS, NOCFPS and NAVPS: EPS has been increased due to higher interest income amid growth in loans and advances, investment income, higher commission and brokerage income. NOCFPS has been increased significantly due to higher deposits mobilization from customers and borrowings from banks. NAVPS has been increased due to growth in Profit after Tax (PAT) compared to last period.(end)
2023-10-25: Board Meeting
BRACBANK: BRAC Bank PLC has informed that the Board Meeting of the Company will be held on October 31, 2023, at 3:30 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended September 30, 2023.
2023-10-17: Name Change of the Company
BRACBANK: Chittagong Stock Exchange PLC (CSE) has approved the proposed name change of the Company. Accordingly, the name of the Company will be ''BRAC Bank PLC.'' instead of 'BRAC Bank Limited'' with effect from today October 17, 2023. Other things (except name) will remain unchanged.
2023-10-01: BSEC Consent for issuance of Subordinated Bond
BRACBANK: Refer to their earlier news disseminated by CSE on 08.06.2023 regarding Issuance of Subordinated Bond of 700.00 Cr, BRAC Bank Limited has further informed that Bangladesh Securities and Exchange Commission (BSEC) has accorded its consent to issue the 2nd Non-Convertible, Unsecured, Fully Redeemable, Coupon Bearing, Floating Rate Subordinated Bond of BDT 7,000 million for 7 years of BRAC Bank Limited through private placement to enhance the Tier II capital base of the company. The consent has been accorded subject to compliance with the relevant laws and regulatory requirements. Approved Information Memorandum (IM) is also available in the website of the Bank at https://www.bracbank.com/en/investor-relations.
2023-08-08: Bangladesh Bank's approval to increase the authorized capital
BRACBANK: Refer to their earlier news disseminated by CSE on 12.04.2023 regarding dividend declaration and increase of authorized capital, BRAC Bank Limited has further informed that Bangladesh Bank has approved the increase of authorized capital of the company from Tk. 2000.00 crore to Tk. 5000.00 crore.
2023-08-07: Disclosure Program on Half Yearly Financials of 2023
BRACBANK: Brac Bank Limited has informed that they will organize an Earnings Disclosure Programme on its Half Yearly (H1) un-audited Financial Statements for the period ended on June 30, 2023 on Thursday, August 10, 2023 at 08:00 pm on a Digital Platform. The concerned Shareholders, Research Analysts and Financial Reporters can participate at this event via live webcast facility at the web link https://meetbd.live/bracbankH12023. Questions may also be submitted via email: earningsdisclosure@bracbank.com on or by 04:00 pm of the above mentioned date. The company has requested to include name, designation, organization name and contact number while sending the question via email.
2023-07-31: Decision to invest in a digital bank
BRACBANK: Brac Bank Limited has informed that its Board of Directors has decided in principle to invest in establishing a digital bank named "bKash Digital Bank PLC"; subject to the approval of Bangladesh Bank.
2023-07-31: Un-audited HY A/Cs
BRACBANK: (Quarter 2) As per unaudited half yearly accounts of the company, Consolidated EPS was Tk. 1.03 for April-June 2023 as against Tk. 0.65 for April-June 2022; Consolidated EPS was Tk. 1.93 for January-June 2023 as against Tk. 1.37 for January-June 2022. Consolidated NOCFPS was Tk. 21.57 for January-June 2023 as against Tk. 7.38 for January-June 2022. Consolidated NAV per share was Tk. 38.92 as on June 30, 2023 and Tk. 35.83 as on June 30, 2022. The company has informed that Consolidated and standalone NOCFPS increased significantly mainly for higher deposits mobilization from customers and borrowings from central bank.
2023-07-24: Board Meeting
BRACBANK: BRAC Bank Limited has informed that the Board Meeting of the Company will be held on July 30, 2023 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended June 30, 2023.
2023-07-02: Credit Rating
BRACBANK: Emerging Credit Rating Limited (ECRL) has upgraded Surveillance credit rating of BRAC Bank Limited as ''AAA'' in the long term and ''ST-1'' in the short term along with stable outlook based on the audited financial statements up to December 31, 2022 and other relevant quantitative as well as qualitative information up to the date of rating.
2023-06-25: Cash Dividend Disbursement
BRACBANK: BRAC Bank Limited has informed that the cash for the year ended on December 31, 2022 have already been credited through to the respective shareholders' Bank accounts.
2023-06-13: Buy Confirmation
BRACBANK: Mr. Asif Saleh, a Nominated Director (Nominated by BRAC) of BRAC Bank Limited, has further informed that he has completed his buying of 30,800 shares of the company at prevailing market price through Dhaka Stock Exchange Limited as per declaration disseminated on 07.06.2023.
2023-06-11: Bonus Share Credited
BRACBANK: BRAC Bank Limited has informed that the Bonus Shares of the Company for the year ended on December 31, 2022 have already been credited through CDBL to the respective shareholders BO Accounts on June 08, 2023.
2023-06-08: Issuance of Subordinated Bond of 700.00 Cr
BRACBANK: BRAC Bank Limited has informed that the Board of Directors of the Bank has decided to issue ''Subordinated, Non-Convertible, Fully Redeemable, Coupon Bearing, Floating Rate Subordinate Bond up to BDT 700.00 Cr (BDT Seven Hundred Crore) for 7 years under private placement'' to enhance Tier-II capital base of the Bank subject to the approval of the Regulatory Authorities.
2023-06-07: Buy Intention
BRACBANK: Mr. Asif Saleh, a Nominated Director (Nominated by BRAC) of BRAC Bank Limited, has reported his intention to buy 30,800 shares of the company at prevailing market price (in the Public/Block Market) through Dhaka Stock Exchange Limited within next 30 working days.
2023-05-31: Election of Chairman
BRACBANK: BRAC Bank Limited has informed that the Board of Directors has elected Mr. Meheriar M Hasan as the Chairman of the Company with effect from May 30, 2023.
2023-05-14: Record Date tomorrow (15.05.2023)
BRACBANK: Trading of the shares of BRAC Bank Limited will remain suspended on its record date i.e., 15.05.2023 for entitlement of 7.50% Stock Dividend. Trading of the shares of the Company will resume on 16.05.2023.
2023-05-10: Spot trade from tomorrow (11.05.2023)
BRACBANK: Trading of the shares of BRAC Bank Limited will be allowed only in the Spot Market from 11.05.2023 to 14.05.2023 as the record date of the Company is on 15.05.2023 for entitlement of 7.50% Stock Dividend.
2023-05-10: Earnings Disclosure Program on unaudited financial statements
BRACBANK: BRAC Bank Limited has informed that they will organize an Earnings Disclosure Program on its un-audited Financial Statements for the First Quarter (Q1) ended on March 31, 2023 on May 15, 2023 at 08:00 pm on a Digital Platform. The concerned Shareholders, Research Analysts and Financial Reporters are welcome to participate at this event via live webcast facility at the web link: https://meetbd.live/bracbankQ12023. The company has also informed that questions may also be submitted via email to earningsdisclosure@bracbank.com on or by 04:00 PM of the above mentioned date. Name, Designation, Organization Name and Contact Number have to be included when sending the questions via email.
2023-05-08: Record Date tomorrow (09.05.2023)
BRACBANK: Trading of the shares of BRAC Bank Limited will remain suspended on its record date i.e., 09.05.2023. Trading of the shares of the Company will resume on 10.05.2023.
2023-05-08: BSEC Consent for issuance of 7.50% Stock Dividend & Record Date
BRACBANK: Refer to their earlier news disseminated by CSE on 07.05.2023 regarding record date for entitlement of Dividend, BRAC Bank Limited has further informed that BSEC has accorded its consent for raising of paid-up capital through issuance of 7.50% Stock Dividend for the year ended December 31, 2022. The Company has fixed the Record date on 15.05.2023 for entitlement of the aforesaid Bonus Shares.
2023-05-08: Un-audited Financial Statement
BRACBANK: (Quarter 1) As per the un-audited financial statements of BRAC Bank Limited, Consolidated EPS was Tk. 0.96 for January-March 2023 as against Tk. 0.77 for January-March 2022; Consolidated NOCFPS was Tk. 1.85 for January-March 2023 as against Tk. 7.20 for January-March 2022. Consolidated NAV per share was Tk. 41.86 as on March 31, 2023 and Tk. 38.94 as on March 31, 2022. Reasons for deviation in NOCFPS: Net Operating Cash Flows Per Share decreased significantly due to higher loan disbursement made to customers during 1st Quarter 2023.
2023-05-07: Regarding record date for entitlement of Dividend
BRACBANK: Refer to their earlier news disseminated by CSE on 12.04.2023 regarding recommendation of dividend, BRAC Bank Limited has further informed that they have not received consent yet from BSEC of their declaration of 7.50% Stock dividend for the year ended December 31, 2022. Therefore, the record date as on 09.05.2023 will only be applicable for entitlement of 7.50% Cash dividend.
2023-05-03: Spot trade from 07.05.2023
BRACBANK: Trading of the shares of BRAC Bank Limited will be allowed only in the Spot Market from 07.05.2023 to 08.05.2023 as the record date of the Company is on 09.05.2023.
2023-04-30: Credit Rating
BRACBANK: Credit Rating Agency of Bangladesh Limited (CRAB) has announced the Rating of BRAC Bank Limited as ''AAA'' in the long term and ''ST-1'' in the short term along with stable outlook based on audited financial statements as of December 31, 2022 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
2023-04-26: Board Meeting
BRACBANK: BRAC Bank Limited has informed that the Board Meeting of the Company will be held on May 7, 2023 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended March 31, 2023.
2023-04-25: Earnings disclosure program on Audited Financial Statements
BRACBANK: BRAC Bank Limited has informed that it will organize an Earnings Disclosure Program on its Audited Financial Statements for the year ended December 31, 2022 on Sunday, April 30, 2023 at 08:00 pm on a Digital Platform. The concerned Shareholders, Research Analysts and Financial Reporters are requested to participate and ask questions at this event via live webcast facility at the web link: https://meetbd.live/bracbankFY2022. Questions may also be submitted via email to: earningsdisclosure@bracbank.com on or by 04:00 pm of the above mentioned date. The company has further requested to include name, designation, organization name and contact number when sending the question via email.
2023-04-12: CB Free
BRACBANK: Please note that there will be no price limit today 12.04.2023 on the trading of the shares of the Company following its corporate declaration, however, as per the BSEC Order No. BSEC/CMRRCD/2001-07/39 dated July 28, 2022, the floor price shall be applicable accordingly.
2023-04-12: Cont2-Recommendation of Dividend
BRACBANK(cont2): Reasons for declaration of stock dividend: i) Bonus shares have been recommended to strengthen the capital base of the Bank to support business growth. ii) Bonus shares have declared out of current year's profit. iii) Bonus shares are not declared from capital reserve or revaluation reserve or any unrealized gain or out of profit earned prior to incorporation of the Company or through reducing paid up capital or through doing anything so that the post dividend retained earnings become negative or a debit balance.(end)
2023-04-12: Cont1-Recommendation of Dividend
BRACBANK(cont1): to amend the related clauses of the Memorandum and Articles of Association of the Bank subject to approval Shareholders and Regulatory bodies. Date of AGM: 31.05.2023, Time: 11:00 AM, Venue: Digital Platform. Record Date: 09.05.2023. The Company has also reported Consolidated EPS of Tk. 4.02, Consolidated NAV per share of Tk. 40.86 and Consolidated NOCFPS of Tk. 25.14 for the year ended December 31, 2022 as against Tk. 3.65, Tk. 38.21 and Tk. 2.49 respectively for the same period of the previous year.(cont2)
2023-04-12: Recommendation of Dividend
BRACBANK: The Board of Directors has recommended 7.50% cash and 7.50% stock dividend for the year ended December 31, 2022. The Stock Dividend is subject to approval from BSEC. The Board has decided to increase Authorized Capital of the Company from Tk. 2,000 crore to Tk. 5,000 crore only as well as amendment of Clause -6 of the Memorandum of Association and Clause-4 of the Articles of Association of the Bank subject to approval of Shareholders and Regulatory bodies. The Board has also decided to adopt the registered name of the Bank to 'BRAC Bank PLC' in place of 'BRAC Bank Limited' and(cont1)
2023-04-05: Board Meeting
BRACBANK: BRAC Bank Limited has informed that the Board Meeting of the Company will be held on April 11, 2023 at 2:00 PM to consider, among others, audited financial statements of the Company for the year ended December 31, 2022.
2022-11-10: Disclosure Program on unaudited quarterly financial statements
BRACBANK: BRAC Bank Limited has informed that they will organize an earning disclosure program on its un-audited Third quarter (Q3) Financial Statements of 2022 on November 16, 2022 at 8:00 PM on a Digital Platform. The company has requested their Shareholders, Research Analysts and Financial Reporters to participate at this event via live webcast facility at the web link: https://meetbd.live/bracbankQ32022. Questions may also be submitted via email to: earningsdisclosure@bracbank.com on or by 04:00 pm of the above-mentioned date. The company has also requested to include name, designation, organization name, and contact number when sending the question via email.
2022-10-31: Un-audited Financial Statements
BRACBANK: (Quarter 3) As per the un-audited financial statements of BRAC Bank Limited, Consolidated EPS was Tk. 1.06 for July-September 2022 as against Tk. 0.95 for July-September 2021; Consolidated EPS was Tk. 2.53 for January-September 2022 as against Tk. 2.67 for January-September 2021. Consolidated NOCFPS was Tk. 4.79 for January-September 2022 as against Tk. (4.97) for January-September 2021. Consolidated NAV per share was Tk. 39.66 as on September 30, 2022 and Tk. 32.77 as on September 30, 2021.
2022-10-25: Board Meeting
BRACBANK: BRAC Bank Limited has informed that the Board Meeting of the Company will be held on October 30, 2022 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended September 30, 2022.
2022-10-12: Decision to build Head Office building
BRACBANK: BRAC Bank Limited has informed that the Board of Directors has decided to build Head Office building of the Company. The Company informed that they will explore suitable land to be purchased in Dhaka City and select competent construction firms. All potential transactions in this regard will be subject to due diligence, as well as necessary regulatory and other approvals.
2022-08-10: Earnings Disclosure Program on Half Yearly Financial Statements
BRACBANK: Reference to their earlier news disseminated by CSE on 08.08.2022 regarding Earnings Disclosure Program, BRAC Bank has informed due to unavoidable circumstances the earnings disclosure program on its un-audited Half Yearly Financial Statements of 2022 has been rescheduled to August 16, 2022 at 08:00 PM from August 11, 2022 on Digital Platform. Other information of the earlier disclosure will remain unchanged.
2022-08-08: Earnings Disclosure Program on Half Yearly Financial Statements
BRACBANK: BRAC Bank has informed that they will organize an earnings disclosure program on its un-audited Half Yearly Financial Statements of 2022 on August 11, 2022 at 08:00 PM through Digital Platform. The concerned Shareholders, Research Analysts and Financial Reporters are welcome to participate at this event via live webcast facility at the web link: https://meetbd.live/bracbankH12022. The company has also informed that questions may also be submitted via email to earningsdisclosure@bracbank.com on or by 04:00 PM of the above mentioned date. Name, Designation, Organization Name and Contact Number have to be included when sending the questions via email.
2022-08-08: Credit Rating
BRACBANK: Emerging Credit Rating Limited (ECRL) has assigned the rating to BRAC Bank Limited as ''AA+'' in the long term and ''ST-1'' in the short term along with a Stable outlook based on audited financial statements of the Company up to December 31, 2021 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
2022-07-31: Un-audited HY A/Cs
BRACBANK: (Quarter 2) As per un-audited half yearly accounts of BRAC Bank Limited, Consolidated EPS was Tk. 0.70 for April-June 2022 as against Tk. 0.90 for April-June 2021; Consolidated EPS was Tk. 1.47 for January-June 2022 as against Tk. 1.72 for January-June 2021. Consolidated NOCFPS was Tk. 7.94 for January-June 2022 as against Tk. 3.09 for January-June 2021. Consolidated NAV per share was Tk. 38.52 as on June 30, 2022 and Tk. 32.00 as on June 30, 2021.
2022-07-24: Board Meeting
BRACBANK: BRAC Bank Limited has informed that the Board Meeting of the Company will be held on July 28, 2022 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended June 30, 2022.
2022-07-04: Credit Rating
BRACBANK: Credit Rating Information and Services Ltd. (CRISL) has informed that the Rating Committee of CRISL has assigned the rating to BRAC Bank Limited as ''AA+'' in the long term and ''ST-1'' in the short term along with a Stable outlook in consideration of its audited financials up to December 31, 2021, unaudited financials up to March 31, 2022 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
2022-06-27: Credit Rating
BRACBANK: Credit Rating Agency of Bangladesh Limited (CRAB) has announced the Rating of BRAC Bank Limited as ''AAA'' in the long term and ''ST-1'' in the short term along with a stable outlook based on audited financial statements of the Company up to December 31, 2021 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
2022-05-26: Cash Dividend Disbursement
BRACBANK: BRAC Bank Limited has informed that the cash for the year ended on December 31, 2021 have already been credited through to the respective shareholders' Bank accounts through BEFTN system on May 23, 2022.
2022-05-24: Disclosure Program on unaudited quarterly financial statements
BRACBANK: BRAC Bank Limited has informed that they will organize an Earnings Disclosure Program on its un-audited First Quarter (Q1) Financial Statements of 2022 on May 30, 2022 at 08:00 pm through Digital Platform. Interested all stakeholders are requested to participate in the event through: https://meetbd.live/bracbankQ12022. Questions may also be submitted via email to earningsdisclosure@bracbank.com on or by 04:00 pm of the above mentioned date.
2022-05-22: Transmission of Deceased Sponsor's shares to his nominee
BRACBANK: BRAC Bank Limited has informed that Mr. Faruq A. Choudhury, one of the Sponsors of the company passed away on 17.05.2017. His present holding 857 shares will be transmitted to the account of his nominee Mrs. Zeenat Choudhury (wife of Late Faruq A. Choudhury) by way of nomination.
2022-05-11: Transmission of Deceased Sponsor's shares to his nominee
BRACBANK: BRAC Bank Limited has informed that Mr. Faruq A. Choudhury, one of the Sponsors of the company passed away on 17.05.2017. His present holding 11,431 shares will be transmitted to the account of his nominee Mrs. Zeenat Choudhury (wife of Late Faruq A. Choudhury) by way of nomination.
2022-05-11: Bonus Share Credited
BRACBANK: BRAC Bank Limited has informed that the Bonus Shares of the Company for the year ended on December 31, 2021 have already been credited through CDBL to the respective shareholders BO Accounts on May 11, 2022.
2022-05-11: Un-audited Financial Statement (Additional information)
BRACBANK: (Quarter 1) BRAC Bank Limited, also informed the reasons for deviation in NOCFPS: The Consolidated Net Operating Cash Flow Per Share increased significantly mainly for higher deposits by customers and borrowings from banks.
2022-05-11: Un-audited Financial Statement
BRACBANK: (Quarter 1) As per the un-audited financial statements of BRAC Bank Limited, Consolidated EPS was Tk. 0.77 for January-March 2022 as against Tk. 0.82 for January-March 2021. Consolidated NOCFPS was Tk. 7.20 for January-March 2022 as against Tk. (6.15) for January-March 2021. Consolidated NAV per share was Tk. 38.94 as on March 31, 2022 and Tk. 31.80 as on March 31, 2021.
2022-04-28: Board Meeting
BRACBANK: BRAC Bank Limited has informed that the Board Meeting of the Company will be held on May 10, 2022 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended March 31, 2022.
2022-04-05: Record Date tomorrow (06.04.2022)
BRACBANK: Trading of the shares of BRAC Bank Limited will remain suspended on its record date i.e., 06.04.2022. Trading of the shares of the Company will resume on 07.04.2022.
2022-04-03: Spot trade from tomorrow (04.04.2022)
BRACBANK: Trading of the shares of BRAC Bank Limited will be allowed only in the Spot Market from 04.04.2022 to 05.04.2022 as the record date of the Company is on 06.04.2022.
2022-03-24: Cont-Disclosure Program on audited financial statements
BRACBANK: (Cont) To ask questions during the event, please login using the case sensitive Username: bracbank and Password: bracFY. Questions may also be submitted via email to: earningsdisclosure@bracbank.com on or by 4:00 PM of the above mention date. Name, Designation, Organization Name and Contact Number need to be included when sending the questions via email.(end)
2022-03-24: Disclosure Program on audited financial statements
BRACBANK: BRAC Bank Limited has informed that they will organize an earnings disclosure program on its Audited Financial Statements for the year ended December 31, 2021 on March 30, 2022 at 8:00 PM through Digital Platform. The Valued Shareholders, Research Analysts and Financial Reporters of the company can participate and ask questions at this event via live webcast facility at the web link: https://meetbd.live/bracbankFY2021.(Cont)
2022-03-16: CB Free
BRACBANK: Please note that there will be no price limit today 16.03.2022 on the trading of the shares of the Company following its corporate declaration.
2022-03-16: Cont-Recommendation of Dividend
BRACBANK: (Cont) Reasons for declaration of stock dividend: i) Bonus shares have been recommended to strengthen the capital base of the Company to support business growth. ii) Bonus shares have declared out of current year's profit. iii) Bonus shares are not declared from capital reserve or revaluation reserve or any unrealized gain or out of profit earned prior to incorporation of the Company or through reducing paid up capital or through doing anything so that the post dividend retained earnings become negative or a debit balance.(end)
2022-03-16: Recommendation of Dividend
BRACBANK: The Board of Directors has recommended 7.50% cash and 7.50% stock dividend for the year ended December 31, 2021. Date of AGM: 28.04.2022, Time: 11:00 AM, Venue: Digital Platform. Record Date: 06.04.2022. The Company has also reported Consolidated EPS of Tk. 3.93, Consolidated NAV per share of Tk. 41.08 and Consolidated NOCFPS of Tk. 2.68 for the year ended December 31, 2021 as against Tk. 3.17, Tk. 34.56 and Tk. 23.71 respectively for the same period of the previous year. (Cont)
2022-03-08: Board Meeting
BRACBANK: BRAC Bank Limited has informed that the Board Meeting of the Company will be held on March 15, 2022 at 3:00 PM to consider, among others, audited financial statements of the Company for the year ended December 31, 2021.
2021-11-11: Cont-Execution of share purchase and subscription agreement of bKash
BRACBANK: (Cont) There will be no changes to the number of shares held by BRAC Bank in bKash and on completion of the transaction, BRAC Bank will continue to remain the majority voting shareholder of bKash. The agreement is subject to relevant regularity formalities in compliance with applicable laws of Bangladesh. (end)
2021-11-11: Execution of share purchase and subscription agreement of bKash
BRACBANK: BRAC Bank Limited has informed that the Board of Directors of BRAC Bank, the majority shareholders of bKash Ltd. has approved the execution of share purchase and subscription agreement (agreement) amongst bKash and its existing shareholders, viz, BRAC bank, Money in Motion LLC, IFC, Bill & Melinda Gates Foundation, Alipay Singapore E-Commerce Private Limited and Board of Trustees of bKash Employee Share Option Plan Trust and the proposed investor, SVF II BEAM (DE) LLC (SoftBank). In accordance with the terms and conditions of the agreement, both primary and secondary investment will be made by SoftBank in bKash, where SoftBank will acquire 20% share (on a fully diluted basis) of bKash. (Cont)
2021-11-03: Disclosure Program on unaudited quarterly financial statements
BRACBANK: BRAC Bank Limited has informed that they will organize a disclosure program on its un-audited Third quarter (Q3) Financial Statements of 2021 on November 08, 2021 at 8:00 PM through Digital Platform. The concerned stakeholders, research analysts and financial reporters are participating at this event via live webcast facility at the web link https://tinyurl.com/bracbankq32021. The company has requested the concerned stakeholders to login using the case sensitive username: Bracbank and password: bracq3. Questions may also be submitted via email to earningsdisclosure@bracbank.com on or by 04:00 PM on November 08, 2021. Name, Designation, Organization Name and Contact Numbers have to be included while sending the questions via email.SBRACBANK
2021-10-31: BSEC's approval on Fixed Coupon Senior Bond
BRACBANK: BRAC Bank Limited has informed that Bangladesh Securities and Exchange Commission (BSEC), has approved the issuance of up to of BDT. 6000 million non-convertible, privately placed, redeemable, unsecured, fixed coupon, senior bond by BRAC bank Limited to raise funds for providing affordable housing finance to lower and middle income group of the country subject to necessary regulatory approval.
2021-10-28: Un-audited Financial Statements
BRACBANK: (Quarter 3) As per the un-audited financial statements of BRAC Bank Limited, Consolidated EPS was Tk. 1.02 for July-September 2021 as against Tk. 1.07 for July-September 2020; Consolidated EPS was Tk. 2.87 for January-September 2021 as against Tk. 1.92 for January-September 2020. Consolidated NOCFPS was Tk. (5.34) for January-September 2021 as against Tk. 21.96 for January-September 2020. Consolidated NAV per share was Tk. 35.23 as on September 30, 2021 and Tk. 31.87 as on September 30, 2020.
2021-10-24: Board Meeting
BRACBANK: BRAC Bank Limited has informed that the Board Meeting of the Company will be held on October 27, 2021 at 8:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on September 30, 2021.
2021-08-29: Issuance of Non-Convertible Bond
BRACBANK: BRAC Bank Ltd. has informed that Board of Directors of the Company has taken a decision to issue up to BDT 6,000.00 million Non-Convertible, private placed, redeemable, unsecured, fixed coupon bearing Bond to raise funds for providing affordable housing finance to lower and middle income group of the country subject to approval of the regulatory authorities.
2021-08-11: Disclosure Program on un-audited financial statements
BRACBANK: BRAC Bank Ltd. has informed that they will organize a disclosure program on its Un-audited Half Yearly (H1) Financial Statements of 2021 on August 16, 2021 at 08:00 pm through Digital Platform. The concerned Shareholders, Research Analysts and Financial Reporters are welcome to participate and ask questions at this event via live webcast facility at the web link: tinyurl.com/BRACBankH12021.To ask questions during the event, please login using the case-sensitive Username: Bracbank and Password: brac1234.You may also send questions via email to: earningsdisclosure@bracbank.com on or by 4:00 PM on the above-mentioned date. Name, Designation, Organization Name & Contact Number have to be included when sending the questions via email.
2021-08-02: Un-audited HY A/Cs
BRACBANK: (Quarter 2) As per un-audited half yearly accounts of BRAC Bank Limited, Consolidated EPS was Tk. 0.96 for April-June 2021 as against Tk. 0.21 for April-June 2020; Consolidated EPS was Tk. 1.85 for January-June 2021 as against Tk. 0.84 for January-June 2020. Consolidated NOCFPS was Tk. 3.32 for January-June 2021 as against Tk. 24.43 for January-June 2020. Consolidated NAV per share was Tk. 34.73 as on June 30, 2021 and Tk. 29.43 as on June 30, 2020.
2021-07-19: Board Meeting
BRACBANK: BRAC Bank Limited has informed that the Board Meeting of the Company will be held on July 29, 2021 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on June 30, 2021.
2021-07-08: Credit Rating
BRACBANK: Emerging Credit Rating Limited (ECRL) has assigned the rating to BRAC Bank Limited as ''AA+'' in the long term and ''ST-1'' in the short term along with a Stable outlook based on audited financial statements of the Company up to December 31, 2020 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
2021-06-29: Credit Rating
BRACBANK: Credit Rating Information and Services Ltd. (CRISL) has informed that the Rating Committee of CRISL has assigned the rating to Brac Bank Limited as "AA+" in the long term and "ST-1" in the short term along with a stable outlook in consideration of its audited financials up to December 31, 2020, unaudited financials up to March 31, 2021 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
2021-06-22: Buy Confirmation
BRACBANK: Mr. Asif Saleh, one of the Nominated Directors of BRAC Bank Limited, has further reported that he has completed his buy of 31,000 shares of the Company at prevailing market price through Stock Exchange as per declaration disseminated on 20.06.2021.
2021-06-21: Credit Rating
BRACBANK: Credit Rating Agency of Bangladesh Limited (CRAB) has announced the Surveillance Rating of BRAC Bank Limited as ''AA1'' in the long term and ''ST-1'' in the short term along with a stable outlook based on audited financial statements of the Company up to December 31, 2020 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
2021-06-20: Buy Intention
BRACBANK: Mr. Asif Saleh, one of the Nominated Directors of BRAC Bank Limited, has reported his intention to buy 31,000 shares of the Company at prevailing market price (in the Public Market) through Stock Exchange (DSE) within next 30 working days.
2021-06-20: Cash Dividend Disbursement
BRACBANK: BRAC Bank Limited has informed that the cash dividend for the year ended on December 31, 2020 have already been credited through to the respective shareholders' Bank accounts through BEFTN system on June 16, 2021.
2021-06-07: Bonus Share Credited
BRACBANK: BRAC Bank Limited has informed that the Bonus Shares of the Company for the year ended on December 31, 2020 have already been credited through CDBL to the respective shareholders BO Accounts on June 06, 2021.
2021-05-18: Disclosure Program on un-audited financial statements
BRACBANK: BRAC Bank Ltd. has informed that they will organize an earnings disclosure program on its Un-audited First Quarter (Q1) Financial Statements of 2021 on May 24, 2021 at 8:00 PM through Digital Platform. The Valued Shareholders, Research Analysts and Financial Reporters can participate and ask questions at this event via live webcast facility at the web link: https://tinyurl.com/bracbankq12021. To ask questions during the event, please login using the case sensitive Username: BRAC and Password: brac123. Questions may also be submitted via email to: earningsdisclosure@bracbank.com on or by 4:00 PM of the above mention date. Name, Designation, Organization Name & Contact Number have to be included when sending the questions via email.
2021-05-12: Un-audited Financial Statement
BRACBANK: (Quarter 1) As per the un-audited financial statements of BRAC Bank Limited, Consolidated EPS was Tk. 0.93 for January-March 2021 as against Tk. 0.66 for January-March 2020. Consolidated NOCFPS was Tk. (6.94) for January-March 2021 as against Tk. (3.36) for January-March 2020. Consolidated NAV per share was Tk. 36.24 as on March 31, 2021 and Tk. 31.38 as on March 31, 2020.
2021-05-04: Board Meeting
BRACBANK: BRAC Bank Limited has informed that the Board Meeting of the Company will be held on May 11, 2021 at 1:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on March 31, 2021.
2021-05-03: Record Date tomorrow (04.05.2021)
BRACBANK: Trading of the shares of BRAC bank Limited will remain suspended on its record date i.e., 04.05.2021. Trading of the shares of the Company will resume on 05.05.2021.
2021-04-29: Spot trade from 02.05.2021
BRACBANK: Trading of the shares of BRAC Bank Limited will be allowed only in the Spot Market from 02.05.2021 to 03.05.2021 as the record date of the Company is on 04.05.2021.
2021-04-18: Cont-Disclosure Program on audited financial statements
BRACBANK: (cont) To ask questions during the event, please login using the case sensitive Username: BRAC and Password: 123456. Questions may also be submitted via email to: earningsdisclosure@bracbank.com on or by 4:00 PM of the above mention date. Name, Designation, Organization Name and Contact Number have to be included when sending the questions via email.(end)
2021-04-18: Disclosure Program on audited financial statements
BRACBANK: BRAC Bank Limited has informed that they will organize an earnings disclosure program on its Audited Financial Statements for the year ended on December 31, 2020 on April 19, 2021 at 8:00 PM through Digital Platform. The Valued Shareholders, Research Analysts and Financial Reporters can participate and ask questions at this event via live webcast facility at the web link: https://tlnyurl.com/bracbankfy2020. (cont)
2021-04-13: CB Free
BRACBANK: Please note that will be no price limit today 13.04.2021 on the trading of the shares of the Company following its corporate declaration, however, as per the BSEC Order No. BSEC/CMRRCD/2001-07/04 dated March 19, 2020, the floor price shall be applicable accordingly.
2021-04-13: cont-Recommendation of Dividend
BRACBANK: (cont) ii) Bonus shares are declared out of accumulated profit. iii) Bonus shares are not declared from capital reserve or revaluation reserve or any unrealized gain or out of profit earned prior to incorporation of the Company or through reducing paid up capital or through doing anything so that the post dividend retained earnings become negative or a debit balance.(end)
2021-04-13: Recommendation of Dividend
BRACBANK: The Board of Directors has recommended 10% cash and 5% stock dividend for the year ended on December 31, 2020. Date of AGM: 27.05.2021, Time: 11:00 AM, Venue: Digital Platform (Link will be communicated in due course) Record Date: 04.05.2021. The Company has also reported Consolidated EPS of Tk. 3.33, Consolidated NAV per share of Tk. 36.63 and Consolidated NOCFPS of Tk. 24.90 for the year ended on December 31, 2020 as against Tk. 3.73, Tk. 30.61 and Tk. 19.46 respectively for the same period of the previous year. Reasons for declaration of stock dividend: i) Bonus shares have been recommended to strengthen the capital base of the Bank to support business growth.(cont)
2021-04-05: Board Meeting
BRACBANK: BRAC Bank Limited has informed that the Board Meeting of the Company will be held on April 12, 2021 at 3:00 PM to consider, among others, audited financial statements of the Company for the year ended on December 31, 2020.
2020-12-09: Buy Confirmation
BRACBANK: BRAC, one of the Sponsor Shareholder of BRAC Bank Ltd., has further reported that it has completed its buy of 2,50,00,000 shares of the Company at prevailing market price through Stock Exchange as per declaration disseminated on 09.11.2020.
2020-11-09: Buy Intention
BRACBANK: BRAC, one of the Sponsor Shareholder of BRAC Bank Ltd., has reported its intention to buy 2,50,00,000 shares of the Company at prevailing market price (in the Public and Block Market) through Stock Exchange (DSE) within December 07, 2020.
2020-11-03: Cont-Disclosure Program on unaudited third quarter financial statements
BRACBANK: (cont) The Company has requested the concerned stakeholders to login using the case sensitive username; bracbank & password: bracbank to ask questions during the event. Questions may also be submitted via email to: earningsdisclosure@bracbank.com on or by 4:00 PM of the above mention date. Name, Designation, Organization Name and Contact Number have to be included when sending the questions via email.(end)
2020-11-03: Disclosure Program on unaudited third quarter financial statements
BRACBANK: BRAC Bank Limited has informed that they will organize a disclosure program on its un-audited Third Quarter (Q3) Financial Statements of 2020 on November 05, 2020 at 7:00 PM through Digital Platform. The concerned Shareholders, Research Analysts and Financial Reporters can participate and ask questions at this event via live webcast facility at the web link: https://bitly.com/bracbank-q3-2020.(cont)
2020-10-29: Un-audited Financial Statements
BRACBANK: (Quarter 3) As per the un-audited financial statements of BRAC Bank Limited, Consolidated EPS was Tk. 1.13 for July-September 2020 as against Tk. 0.64 for July-September 2019; Consolidated EPS was Tk. 2.01 for January-September 2020 as against Tk. 2.52 for January-September 2019. Consolidated NOCFPS was Tk. 23.06 for January-September 2020 as against Tk. 12.23 for January-September 2019. Consolidated NAV per share was Tk. 33.81 as on September 30, 2020 and Tk. 29.14 as on September 30, 2020.
2020-10-21: Board Meeting
BRACBANK: BRAC Bank Limited has informed that the Board Meeting of the Company will be held on October 28, 2020 at 3:30 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on September 30, 2020.
2020-10-05: Dividend Disbursement
BRACBANK: BRAC Bank Limited has further informed that the remaining dividends declared for the year 2019 have distributed to the respective shareholders' Bank accounts through BEFTN system on October 01, 2020.
2020-08-05: Disclosure Program on unaudited quarterly financial statements
BRACBANK: BRAC Bank Limited has informed that they will organize a disclosure program on its un-audited Half Yearly Financial Statements of 2020 on August 07, 2020 at 8:00 PM through Digital Platform.
2020-08-03: Un-audited HY A/Cs
BRACBANK: (Quarter 2) As per un-audited half yearly accounts of BRAC Bank Limited, Consolidated EPS was Tk. 0.24 for April-June 2020 as against Tk. 0.98 for April-June 2019; Consolidated EPS was Tk. 0.95 for January-June 2020 as against Tk. 2.02 for January-June 2019. Consolidated NOCFPS was Tk. 27.57 for January-June 2020 as against Tk. 9.30 for January-June 2019. Consolidated NAV per share was Tk. 33.22 as on June 30, 2020 and Tk. 30.61 as on June 30, 2019.
2020-07-27: Cash Dividend Disbursement
BRACBANK: BRAC Bank Limited has informed that the cash dividend for the year ended on December 31, 2019 has been distributed to the respective bank accounts of individual (Local/Foreign) shareholders on July 21, 2020. As per Bangladesh Bank DOS Circular letter no.19 dated June 07, 2020, currently the Company has sent cash dividend only to the local and foreign individual shareholders. They will send cash dividend to other shareholders after September 30, 2020 following the BB circular.
2020-07-27: Board Meeting
BRACBANK: BRAC Bank Limited has informed that the Board Meeting of the Company will be held on July 30, 2020 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on June 30, 2020.
2020-07-07: Credit Rating
BRACBANK: Emerging Credit Rating Limited (ECRL) has assigned the surveillance rating to BRAC Bank Limited as ''AA+'' in the long term and ''ST-1'' in the short term along with a Stable outlook based on audited financial statements of the Company up to December 31, 2019 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
2020-07-06: Credit Rating
BRACBANK: Credit Rating Agency of Bangladesh Limited (CRAB) has announced the Surveillance Rating of BRAC Bank Limited as ''AA1'' in the long term and ''ST-1'' in the short term along with a stable outlook based on audited financial statements of the Company up to December 31, 2019 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
2020-07-06: Bonus Share Credited
BRACBANK: BRAC Bank Limited has informed that the Bonus Shares of the Company for the year ended on December 31, 2019 have already been credited through CDBL to the respective shareholders BO Accounts on July 05, 2020.
2020-06-30: Credit Rating
BRACBANK: Emerging Credit Rating Limited (ECRL) has informed that it has assigned surveillance credit rating to BRAC Bank Limited as ''AA+'' in the long term and ''ST-1'' in the short term along with a stable outlook in consideration of its audited financials up to December 31, 2019, unaudited financials up to March 31, 2020 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
2020-06-02: Record Date tomorrow (03.06.2020)
BRACBANK: Trading of the shares of BRAC Bank Limited will remain suspended on its record date i.e., 03.06.2020. Trading of the shares of the Company will resume on 04.06.2020.
2020-05-31: Announcement of Spot date, Record date and Trading suspension
BRACBANK: Due to pandemic period and closing of trading and settlement activities, trading of the shares of the Company will be allowed only in the Spot Market and Block transactions will also be settled as per Spot settlement cycle with cum benefit from 01.06.2020 to 02.06.2020. Trading of the shares of the Company will remain suspended on record date i.e., 03.06.2020. However, previous record date was 02.06.2020.
2020-05-31: CB Free
BRACBANK: Please note that there will be no price limit today 31 May 2020 on the trading of shares of the Company following its corporate disclosure, however, as per the BSEC Order No. BSEC/CMRRCD/2001-07/04 dated March 19, 2020, the floor price shall be applicable accordingly.
2020-05-31: Continue-Recommendation of Dividend
BRACBANK(cont): The Company also informed that i) Bonus shares has been recommended to strengthen the capital base of the Bank to support business growth. ii) Bonus shares are declared out of accumulated profit. iii). Bonus shares are not declared from capital reserve or revaluation reserve or any unrealized gain or out of profit earned prior to incorporation of the company or through reducing paid up capital or through doing anything so that the post-dividend retained earnings become negative or a debit balance.(end)
2020-05-31: Recommendation of Dividend
BRACBANK: The Board of Directors has recommended 7.5% Cash & 7.5% stock dividend for the year ended on December 31, 2019. Date of AGM: 15.06.2020, Time: 11:00 AM, Venue: Digital Platform as per BSEC Order. Due to pandemic period and closing of trading and settlement activities, Record Date will be 03.06.2020 instead of 02.06.2020. The Company has also reported Consolidated EPS of Tk. 4.01, Consolidated NAV per share of Tk. 32.90 and Consolidated NOCFPS of Tk. 20.94 for the year ended on December 31, 2019 as against Tk. 4.50, Tk. 28.58 and Tk. 8.36 respectively for the same period of the previous year.(cont)
2020-03-23: Postponement of Board Meeting
BRACBANK: BRAC Bank Limited has further informed that, due to the situation emanating from potential Corona pandemic, the Board Meeting of the Company scheduled to be held on March 25, 2020 at 3:30 pm, to consider, among others, audited financial statements of the Company for the year ended on December 31, 2019, has been postponed. Any development on the above will be communicated in due course.
2020-03-18: Reschedule of Board Meeting
BRACBANK: BRAC Bank Limited has further informed that, due to unavoidable circumstances, the Board Meeting of the Company will now be held on March 25, 2020 at 3:30 pm instead of March 22, 2020 to consider, among others, audited financial statements of the Company for the year ended on December 31, 2019.
2020-03-16: Board Meeting
BRACBANK: BRAC Bank Limited has informed that the Board Meeting of the Company will be held on March 22, 2020 at 3:00 PM to consider, among others, audited financial statements of the Company for the year ended on December 31, 2019.
2019-10-31: Cont-Disclosure Program on unaudited third quarter financial statements
BRACBANK:(cont) The Company has requested the concerned stakeholders to login using the case sensitive username; bracbank & password: bracbank to ask questions during the event. Questions may also be submitted via email to: earningsdisclosure@bracbank.com on or by 4:00 PM of the above mention date. Name, Designation, Organization Name and Contact Number have to be included when sending the questions via email.(end)
2019-10-31: Disclosure Program on unaudited third quarter financial statements
BRACBANK: BRAC Bank Limited has informed that they will organize a disclosure program on its un-audited Third Quarter (Q3) Financial Statements of 2019 on November 03, 2019 at 7:00 PM at BRAC Bank Head Office in Dhaka. The concerned Shareholders, Research Analysts and Financial Reporters can participate and ask questions at this event via live webcast facility at the web link: http://bit.ly/BRAC_Bank_Q3_2019.(cont)
2019-10-27: Un-audited Financial Statement
BRACBANK: (Quarter 3) As per the un-audited financial statements of BRAC Bank Limited, Consolidated EPS was Tk. 0.70 for July-September 2019 as against Tk. 1.06 for July-September 2018; Consolidated EPS was Tk. 2.76 for January-September 2019 as against Tk. 3.23 for January-September 2018. Consolidated NOCFPS was Tk. 13.23 for January-September 2019 as against Tk. 3.35 for January-September 2018. Consolidated NAV per share was Tk. 31.37 as on September 30, 2019 and Tk. 26.45 as on September 30, 2018.
2019-10-20: Board Meeting
BRACBANK: BRAC Bank Limited has informed that the Board Meeting of the Company will be held on October 24, 2019 at 3:30 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on September 30, 2019.
2019-09-11: Sale Confirmation
BRACBANK: Mr. Syed S. Kaiser Kabir, Nominated Director of BRAC Bank Ltd., has further reported that he has completed his sale of his entire holding of 1,58,125 shares of the Company at prevailing market price through Stock Exchange as per declaration disseminated on 08.08.2019.
2019-08-27: Elected Chairman
BRACBANK: BRAC Bank Limited has informed that the Board of Directors has unanimously elected Independent Director Dr. Ahsan H. Mansur, as the Chairman of the Board of Directors of the Bank.
2019-08-08: Sale Intention
BRACBANK: Mr. Syed S. Kaiser Kabir, Nominated Director of BRAC Bank Ltd., has reported his intention to sell his entire holding of 1,58,125 shares of the Company at prevailing market price (in the Public Market) through Stock Exchanges (DSE) within next 30 working days.
2019-07-24: Cont-Disclosure Program on unaudited quarterly financial statements
BRACBANK(cont): The company has requested the concerned stakeholders to login using the case sensitive username; bracbank & password: h12019 to ask questions during the event. Questions may also be submitted via email to: earningsdisclosure@bracbank.com on or by 4:00 PM of the above mention date. Name, Designation, Organization Name and Contact Numbers have to be included when sending the questions via email.(end)
2019-07-24: Disclosure Program on unaudited quarterly financial statements
BRACBANK: BRAC Bank Limited has informed that they will organize a disclosure program on its un-audited Half Yearly Financial Statements of 2019 on July 29, 2019 at 7:00 PM at BRAC Bank Head Office in Dhaka. The concerned stakeholders, Research Analysts and Financial Reporters can participate and ask questions at this event via live webcast facility at the web link: http://bit.ly/_Brac_Bank_H1_19.(cont)
2019-07-23: Un-audited HY A/Cs
BRACBANK: (Quarter 2) As per un-audited half yearly accounts of BRAC Bank Limited, Consolidated EPS was Tk. 1.00 for April-June 2019 as against Tk. 1.06 for April-June 2018; Consolidated EPS was Tk. 2.05 for January-June 2019 as against Tk. 2.17 for January-June 2018. Consolidated NOCFPS was Tk. 9.39 for January-June 2019 as against Tk. 3.77 for January-June 2018. Consolidated NAV per share was Tk. 30.65 as on June 30, 2019 and Tk. 25.36 as on June 30, 2018.
2019-07-16: Board Meeting
BRACBANK: BRAC Bank Limited has informed that the Board Meeting of the Company will be held on July 22, 2019 at 3:30 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on June 30, 2019.
2019-07-16: Credit Rating
BRACBANK: Emerging Credit Rating Limited (ECRL) has informed that it has assigned surveillance credit rating to BRAC Bank Limited as ''AA+'' in the long term and ''ST-1'' in the short term with a stable outlook based on audited financial statements of the Company up to December 31, 2018 and other relevant quantitative as well as qualitative information up to the date of rating.
2019-06-30: Credit Rating
BRACBANK: Credit Rating Information and Services Limited (CRISL) has assigned the rating to BRAC Bank Limited as ''AA+'' in the long term and ''ST-1'' in the short term along with a stable outlook in consideration of its audited financials up to December 31, 2018, unaudited financials up to March 31, 2019 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
2019-06-27: Credit Rating
BRACBANK: Credit Rating Agency of Bangladesh Limited (CRAB) has announced the Surveillance Rating of BRAC Bank Limited as ''AA1'' in the long term and ''ST-1'' in the short term along with a stable outlook based on audited financial statements of the Company up to December 31, 2018 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
2019-05-19: Bonus Share Credited
BRACBANK: BRAC Bank Limited has informed that the Bonus Shares of the Company for the year ended on December 31, 2018 have already been credited through CDBL to the respective shareholders BO Accounts on May 19, 2019.
2018-10-31: Un-audited Financial Statement
BRACBANK: (Quarter 3) As per the un-audited financial statements of BRAC Bank Limited, Consolidated EPS was Tk. 1.19 for July-September 2018 as against Tk. 1.41 for July-September 2017; Consolidated EPS was Tk. 3.55 for January-September 2018 as against Tk. 3.53 for January-September 2017. Consolidated NOCFPS was Tk. 3.85 for January-September 2018 as against Tk. 10.98 for January-September 2017. Consolidated NAV per share was Tk. 30.26 as on September 30, 2018 and Tk. 23.70 as on September 30, 2017.
2018-10-29: Disclosure Program on unaudited quarterly financial statements
BRACBANK: BRAC Bank Limited has informed that they will organize a disclosure program on its un-audited Third Quarter (Q3) Financial Statements of 2018 on October 31, 2018 at 7:00 PM at BRAC Bank Head Office in Dhaka. The concerned stakeholders can participate at this event via live webcast facility at the web link http://bit.ly/BRAC_Q3_2018. The company has requested the concerned stakeholders to login using the case sensitive username; bracbank & password: edq32018 to ask questions during the event. Questions may also be submitted via email to earningsdisclosure@bracbank.com on or by 4:00 PM of the above-mentioned date. Name, Designation, Organization Name and Contact Numbers have to be included when sending the questions via email.
2018-10-25: Board Meeting
BRACBANK: BRAC Bank Limited has informed that the Board Meeting of the Company will be held on October 30, 2018 at 3:30 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on September 30, 2018.
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