Nothing found..
Wed, 23rd October 2024
10:04 am
(Q3 Un-audited): Consolidated EPS was Tk. 0.49 for July-September 2024 as against Tk. 0.19 for July-September 2023; Consolidated EPS was Tk. 0.95 for January-September 2024 as against Tk. 0.60 for January-September 2023. Consolidated NOCFPS was Tk. 1.38 for January-September 2024 as against Tk. 2.63 for January-September 2023. Consolidated NAV per share was Tk. 14.26 as on September 30, 2024 and Tk. 13.50 as on December 31, 2023. (cont.)
Wed, 23rd October 2024
10:04 am
(Continuation news of SBACBANK): Reasons for significant deviations: The EPS increased compared to the same period of the previous year, driven by higher investment income, lower administrative expenses, and reduced tax provisions, despite a rise in net interest income. The NAV also increased as a result of the improved EPS. However, the NOCFPS declined compared to the same period last year, primarily due to an increase in loans along with trading securities. (end)
Sun, 20th October 2024
10:29 am
As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on October 22, 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.
Tue, 1st October 2024
4:31 pm
The company has informed that the Board of Directors has elected Engr. Md. Moklesur Rahman as the Chairman of the Board of Directors of the company.
Wed, 18th September 2024
12:45 pm
Prime Bank Securities Ltd. has informed that M/S Vicar International (where Mr. Mohammad Nazmul Haq is the Managing Partner of M/S Vicar International and also a nominated Director of SBAC Bank PLC.) has expressed its intention to buy 9,821,563 shares of SBAC Bank PLC. at prevailing market price (in the Block Market).
Thu, 5th September 2024
10:05 am
Prime Bank Securities Ltd. has informed that M/S Vicar International (where Mr. Mohammad Nazmul Haq is the Managing Partner of M/S Vicar International and also a nominated Director of SBAC Bank PLC.) has expressed its intention to buy 25,000,000 shares of SBAC Bank PLC. at prevailing market price (in the Block Market).
Thu, 22nd August 2024
10:05 am
The Company has informed that Mohammad Abdul Hye, one of the Sponsors of the company, passed away on 18.01.2022. A total of 17,41,077 shares out of his total holding of 17,58,487 shares of the company will be transmitted to the account of his nominee Mr. Abdullah Al-Mamun (Son of Late Mohammad Abdul Hye) by way of nomination.
Sun, 18th August 2024
10:05 am
Thermax Textile Mills Ltd., one of the placement holders and ex-directors of SBAC Bank PLC., has expressed its intention to sell 34,821,563 shares out of its total holding of 35,169,778 shares of the Company at prevailing market price (In the Block Market) through Dhaka Stock Exchange PLC.
Sun, 18th August 2024
10:05 am
Mr. Mohammad Nawaz, one of the placement holders and ex-directors of SBAC Bank PLC., has expressed his intention to transfer 7,065,000 shares of the company to his wife Mrs. Sufia Begum, by way of gift outside the trading system of the Exchange within next 30 working days.
Thu, 1st August 2024
10:05 am
(Q2 Un-audited): Consolidated EPS was Tk. 0.22 for April-June 2024 as against Tk. 0.23 for April-June 2023; Consolidated EPS was Tk. 0.46 for January-June 2024 as against Tk. 0.41 for January-June 2023. Consolidated NOCFPS was Tk. 8.38 for January-June 2024 as against Tk. 3.18 for January-June 2023. Consolidated NAV per share was Tk. 13.80 as on June 30, 2024 and Tk. 13.50 as on December 31, 2023. Reasons for deviation in EPS, NAVPS and NOCFPS: (cont.)
Thu, 1st August 2024
10:05 am
(Cont. news of SBACBANK): EPS have been increased due to increase in net interest income. NAVPS increased as a result of increasing EPS. NOCFPS have been increased compare to the same period of the previous year due to increase in deposit. (end)
Wed, 31st July 2024
12:34 pm
The Company has informed that it has disbursed the Cash Dividend for the year ended December 31, 2023 to the respective shareholders.
Sun, 28th July 2024
1:39 pm
As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on July 31, 2024 at 02:30 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended June 30, 2024.
Wed, 26th June 2024
4:32 pm
Credit Rating Information and Services Limited (CRISL) has assigned the rating of the company as "A+" in the long term and "ST-2" in the short term along with Stable outlook in consideration of its audited financials up to December 31, 2023 also unaudited financials up to March 31, 2024 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
Thu, 20th June 2024
1:50 pm
The company has requested the concerned Depository Participants (DP)/ Merchants Banks to provide with a list of their margin loan holders who holds shares of the Bank as on record date i.e. 29.05.2024 (to receive cash dividend) with the details of Shareholder's name, BO ID, Shareholding Position, cash dividend receivable, tax rate etc. (in MS Excel format) within 24.06.2024 along with the name of the contact person to the Investor Relation Department of the Bank, and also the soft copy of (cont.)
Thu, 20th June 2024
1:50 pm
(Cont. news of SBACBANK): the same to E-mail: cs@sbacbank.com for facilitating payment of cash dividend. The DP/Stock Brokers are requested to provide with their Bank Account name and Number, routing number etc. for receiving the dividends of their margin loan holders. (end)
Wed, 29th May 2024
12:15 pm
Trading of the shares of the company will resume on 30.05.2024.
Tue, 28th May 2024
11:45 am
Trading of the shares of the company will remain suspended on record date i.e., 29.05.2024.
Sun, 26th May 2024
12:29 pm
Trading of the shares of the company will be allowed only in the Spot Market and Block transaction will also be settled as per spot settlement cycle with cum benefit from 27.05.2024 to 28.05.2024 and trading of the shares will remain suspended on record date i.e., 29.05.2024.
Sun, 19th May 2024
4:31 pm
The auditor of the company has given the "Emphasis of Matter" paragraph in the Auditor's Report of the company for the year ended December 31, 2023. To view the details, please visit: https://www.dsebd.org/Auditors_opinion/2024/may/SBAC.pdf
Sun, 12th May 2024
10:04 am
(Q1 Un-audited): Consolidated EPS was Tk. 0.2425 for January-March 2024 as against Tk. 0.17 for January-March 2023. Consolidated NOCFPS was Tk. (1.72) for January-March 2024 as against Tk. (0.43) for January-March 2023. Consolidated NAV per share was Tk. 13.84 as on March 31, 2024 and Tk. 13.50 as on December 31, 2023. Reasons for deviation in EPS and NOCFPS: (cont.)
Sun, 12th May 2024
10:04 am
(Continuation news of SBACBANK): EPS has been increased compared to same period of previous year due to increase in net interest income, and provision requirement decreased compare to last year quarter. NOCFPS has been decreased compared to same period of previous year cause to increase in outflow of loan and advances & deposits and decrease in net proceeds from trading securities. (end)
Wed, 8th May 2024
10:04 am
As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on May 11, 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.
Thu, 2nd May 2024
10:04 am
The Board of Directors has recommended 2% Cash for the year ended December 31, 2023. Date of AGM: 22.06.2024, Time: 11:00 AM, Venue: Meeting through Hybrid System in combination of online and physical presence at Retired Armed Forces Officers' Welfare Association (RAOWA) Club, VIP Road, Mohakhali, Dhaka 1206. Record Date: 29.05.2024. (cont.)
Thu, 2nd May 2024
10:04 am
(Continuation news of SBACBANK): The Company has also reported Consolidated EPS of Tk. 0.66, Consolidated NAV per share of Tk. 13.50 and Consolidated NOCFPS of Tk. 3.51 for the year ended December 31, 2023 as against Tk. 0.72 (restated), Tk. 13.14 (restated) and Tk. 2.99 (restated) respectively for the year ended December 31, 2022. (end)
Thu, 2nd May 2024
10:04 am
There will be no price limit on the trading of the shares of the Company today (02.05.2024) following its corporate declaration.
Mon, 29th April 2024
10:49 am
The Company has further informed that, the Board meeting under LR 19(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, will be held on April 30, 2024 at 3:30 PM instead of April 29, 2024 at 3:00 PM to consider, among others, audited financial statements of the Company for the year ended December 31, 2023.
Thu, 25th April 2024
10:44 am
The Company has further informed that, due to unavoidable circumstances, the Board meeting under Regulation 19(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, will be held on April 29, 2024 at 3:00 PM instead of earlier declared April 27, 2024 at 03:00 PM to consider, among others, audited financial statements of the Company for the year ended December 31, 2023.
Sun, 21st April 2024
10:04 am
As per Regulation 19(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on April 27, 2024 at 03:00 PM to consider, among others, audited financial statements of the Company for the year ended December 31, 2023.
Tue, 27th February 2024
12:56 pm
In response to the DSE query dated February 25, 2024, the company has informed that there is no undisclosed price sensitive information of the company for recent unusual price hike and increase in volume of shares.
Wed, 14th February 2024
11:39 am
Dhaka Stock Exchange PLC. (DSE) has approved the proposed name change of the Company. Accordingly, the name of the Company will be 'SBAC Bank PLC.' instead of 'South Bangla Agriculture & Commerce Bank Limited' with effect from February 15, 2024. Other things (except name) will remain unchanged.
Tue, 31st October 2023
10:04 am
(Q3 Un-audited): Consolidated EPS was Tk. 0.19 for July-September 2023 as against Tk. 0.40 (restated) for July-September 2022; Consolidated EPS was Tk. 0.60 for January-September 2023 as against Tk. 0.72 (restated) for January-September 2022. Consolidated NOCFPS was Tk. 2.63 for January-September 2023 as against Tk. (2.36) (restated) for January-September 2022. Consolidated NAV per share was Tk. 13.45 as on September 30, 2023 and Tk. 13.27 (restated) as on December 31, 2022. (cont.1)
Tue, 31st October 2023
10:04 am
(Continuation news of SBACBANK): Reasons for significant deviations in EPS, NOCFPS and NAVPS: EPS have decreased in compare to that of the same period of previous year due to decrease of net profit resulting from increased provision for taxation compare to September 30, 2022. Net cash flow from operating activities has increased significantly in compare to that of the same period of previous year which results in the increase of NOCFPS to the positive state from the negative state. (cont.2)
Tue, 31st October 2023
10:04 am
(Continuation news of SBACBANK): Moreover, the NAVPS has increased also in compare to that of the same period of previous year as a result of increase in paid-up capital through allotment of stock dividend for the year 2021. (end)
Sun, 22nd October 2023
12:49 pm
As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on October 30, 2023 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended September 30, 2023.
Wed, 4th October 2023
1:20 pm
The Company has informed that it has disbursed the Cash Dividend for the year ended December 31, 2022 to the respective shareholders.
Mon, 21st August 2023
10:05 am
The Company has informed that Mr. Abu Zafar Mohammod Shofiuddin has been elected as the Chairman of the Board of Directors of the Company in place of Mr. Abdul Kadir Molla with effect from August 16, 2023.
Wed, 26th July 2023
10:04 am
(Q2 Un-audited): Consolidated EPS was Tk. 0.23 for April-June 2023 as against Tk. 0.10 (restated) for April-June 2022; Consolidated EPS was Tk. 0.41 for January-June 2023 as against Tk. 0.31 (restated) for January-June 2022. Consolidated NOCFPS was Tk. 3.18 for January-June 2023 as against Tk. (1.12) (restated) for January-June 2022. Consolidated NAV per share was Tk. 13.25 as on June 30, 2023 and Tk. 13.27 (restated) as on December 31, 2022. (cont.)
Wed, 26th July 2023
10:04 am
(Continuation news of SBACBANK): Reasons for deviation: EPS has been increased in compare to that of the same period of previous year due to decrease of provision requirement compared to June 30, 2022. Income from Operating activities has increased in compare to that of the same period of previous year which has resulted in the increase of NOCFPS to the positive state from the negative state. (end)
Wed, 19th July 2023
10:04 am
As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on July 25, 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.
Mon, 26th June 2023
1:04 pm
Credit Rating Information and Services Limited (CRISL) has assigned the rating of the Company as "A" in the long term and "ST-2" in the short term along with Stable outlook based on audited financial statements up to December 31, 2022; un-audited financials up to March 31, 2023 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
Tue, 20th June 2023
1:09 pm
The Company has informed that Mr. Habibur Rahman was appointed as Managing Director and CEO in the 153rd Board meeting of the company dated 16th November 2022 and the appointment was approved by Bangladesh Bank on 12th December, 2022.
Sun, 28th May 2023
10:29 am
The company has requested concerned Depository Participants (DP)/Merchant Banks to provide with a list of the holders of margin loan holding shares of the Bank as on record date with details of Shareholders' name, BO ID, shareholding position, cash dividend receivable (if any), tax rate etc. (in MS Excel format), within June 06, 2023, along with the name of the contact person addressing to the Share Department of the Bank and (cont.)
Sun, 28th May 2023
10:29 am
(Continuation news of SBACBANK): also to email soft copy of the same to cs@sbacbank.com for facilitating payment of Cash Dividend, if any. The company has also requested to provide with their Bank Account Details for receiving the dividends against margin loan holders. (end)
Sun, 21st May 2023
12:45 pm
Trading of the shares of the company will resume on 22.05.2023.
Thu, 18th May 2023
4:32 pm
The Company has informed that it has credited the Bonus shares for the year ended December 31, 2021 to the respective shareholders' BO Accounts.
Thu, 18th May 2023
1:35 pm
Trading of the shares of the company will remain suspended on record date i.e., 21.05.2023 for EGM & AGM.
Wed, 17th May 2023
1:54 pm
The auditor of the South Bangla Agriculture & Commerce Bank Limited has given the "Emphasis of Matter" paragraph in the Auditor's Report for the year ended on 31 December 2022. Emphasis of Matter: We draw your attention to Note # 8.10 to the financial statements, which explained the basis for measurement and recognition of provision required, maintained and the provision shortfall against loans, advances, and leases/investments. (cont.)
Wed, 17th May 2023
1:54 pm
(Continuation news of SBACBANK): As of the balance sheet date, the bank had a provision shortfall which has been deferred until the financial statement for the year 2023 are finalized with permission from Bangladesh Bank (through letter no: DOS(CAMS)1157/41(dividend)/2023-2113 dated 25 April 2023). Our opinion is not modified in respect of this matter. (end)
Tue, 16th May 2023
2:19 pm
Trading of the shares of the company will be allowed only in the Spot Market and Block transaction will also be settled as per spot settlement cycle with cum benefit from 17.05.2023 to 18.05.2023 and trading of the shares will remain suspended on record date i.e., 21.05.2023 for EGM & AGM.
Mon, 15th May 2023
10:04 am
(Q1 Un-audited): Consolidated EPS was Tk. 0.17 for January-March 2023 as against Tk. 0.22 for January-March 2022. Consolidated NOCFPS was Tk. (0.43) for January-March 2023 as against Tk. (9.04) for January-March 2022. Consolidated NAV per share was Tk. 13.53 as on March 31, 2023 and Tk. 13.27 as on December 31, 2022. Reasons for deviation in EPS and NOCFPS: EPS has been decreased due to decrease in net interest income, increase in salary and provision for taxation (cont.)
Mon, 15th May 2023
10:04 am
(Continuation news of SBACBANK): despite increase in income from investments. NOCFPS has been increased due to increase in net of loan, deposits and net proceeds from trading securities. (end)
Tue, 9th May 2023
10:04 am
As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on May 14, 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.
Thu, 27th April 2023
10:05 am
The Board of Directors has recommended 3.50% Cash dividend for the year ended December 31, 2022. The Board of Directors has also decided to hold an EGM to pass Special Resolutions with respect to making amendment in the Memorandum and Articles of Association of the Company for - (i) Changing the Name of the Company from "South Bangla Agriculture and Commerce Bank Limited" to "SBAC Bank PLC"; (cont.1)
Thu, 27th April 2023
10:05 am
(Continuation news of SBACBANK): (ii) Increasing the Authorized Capital of the Company from Tk. 1,000,00,00,000.00 (Taka one Thousand crore) to Tk. 2,000,00,00,000.00 (Taka Two Thousand Crore) in order to enhance the Capital Base of the Company; (iii) Incorporating the recent amendment in the Companies Act 1994 with respect to Notice Period of 21 days for General Meetings; (iv) Deleting existing provisions that are inconsistent upon abolishing the provisions for Shareholders of Different Classes (cont.2)
Thu, 27th April 2023
10:05 am
(Continuation news of SBACBANK): and (v) Adoption of an Amended Version of the Memorandum and Articles of Association of the Company. Date of EGM and AGM: 18.06.2023, Time of EGM and AGM: 11:00 AM and 11:30 PM respectively. Venue of the EGM and AGM: Digital Platform through https://sbacbank-egm.bdvirtual.com for EGM and https://sbacbank.bdvirtualagm.com for AGM. Record Date for EGM and AGM: 21.05.2023. (cont.3)
Thu, 27th April 2023
10:05 am
(Continuation news of SBACBANK): The Company has reported Consolidated EPS of Tk. 0.72, Consolidated NAV per share of Tk. 13.27 and Consolidated NOCFPS of Tk. 3.02 for the year ended December 31, 2022 as against Tk. 0.66 (restated), Tk. 13.02 (restated) and Tk. (4.38) (restated) respectively for the year ended December 31, 2021. (end)
Thu, 27th April 2023
10:05 am
There will be no price limit on the trading of the shares of the Company today (27.04.2023) following its corporate declaration. However, the floor price shall be applicable accordingly.
Mon, 24th April 2023
10:14 am
As per Regulation 19(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the company has informed that a meeting of the Board of Directors will be held on April 26, 2023 at 8:00 PM to consider, among others, audited financial statements of the company for the year ended December 31, 2022.
Tue, 11th April 2023
12:25 pm
Trading of the shares of the company will resume on 12.04.2023.
Mon, 10th April 2023
11:55 am
Trading of the shares of the company will be suspended on record date i.e., 11.04.2023.
Thu, 6th April 2023
11:45 am
Trading of the shares of the company will be allowed only in the Spot Market and Block transaction will also be settled as per spot settlement cycle with cum benefit from 09.04.2023 to 10.04.2023 and trading of the shares will remain suspended on record date i.e., 11.04.2023.
Thu, 6th April 2023
10:45 am
Refer to their earlier news disseminated by DSE on 03.04.2023 regarding BSEC Consent for issuance of 1% Stock Dividend, the Company has informed that the Board of Directors has fixed the Record date on 11.04.2023 for entitlement of the aforesaid Bonus Shares.
Mon, 3rd April 2023
3:32 pm
Refer to their earlier news disseminated by DSE on 28.04.2022 regarding Dividend Declaration, BSEC has accorded its consent for raising of paid-up capital through issuance of 1% Stock Dividend for the year ended December 31, 2021. Record date for entitlement of aforesaid Bonus Shares will be notified later.
Wed, 1st March 2023
10:30 am
The company has informed that the Board of Directors of the company has taken, among others, the following price sensitive decisions subject to approval of the Regulatory Authorities and General Meeting of the Company: a. Shortening the name from 'South Bangla Agriculture and Commerce Bank Limited' to 'SBAC Bank PLC' as a limited liability public limited company. For this purpose, it is decided to replace the Name Clause of the Bank's Memorandum of Association (MOA). (cont.)
Wed, 1st March 2023
10:30 am
(Continuation news of SBACBANK): b. Increasing the authorized capital of the bank from 1,000 crores to 2,000 crores. For this purpose, it is decided to replace the Capital Clause of the Bank's Memorandum of Association (MOA) and Articles of Association (AOA). The company has also informed that in this connection, date of General Meeting and Record Date will duly be circulated later on. (end)
Wed, 1st February 2023
10:35 am
Mizanur Rahman, one of the Sponsors of the Company, has further informed that he has completed his sale of 35,56,263 shares of the Company at prevailing market price through Dhaka Stock Exchange as per declaration disseminated on 24.01.2023.
Wed, 1st February 2023
10:35 am
Shamsun Nahar Rahman, one of the Sponsors of the Company, has further informed that she has completed her sale of 33,82,156 shares of the Company at prevailing market price through Dhaka Stock Exchange as per declaration disseminated on 24.01.2023.
Thu, 26th January 2023
1:30 pm
Tahmina Afroz one of the Sponsors of the Company, has further informed that she has completed her sale of 3,48,21,563 shares of the Company at prevailing market price through Dhaka Stock Exchange as per declaration disseminated on 20.12.2022.
Tue, 24th January 2023
11:24 am
Referring to the BSEC letter No. BSEC/SRMIC/2021-204/607 dated January 11, 2023, Mizanur Rahman, one of the Sponsors of the Company, has expressed his intention to sell 35,56,263 shares out of his holding 36,56,263 shares of the Company at prevailing market price (In the Block Market) through Dhaka Stock Exchange (DSE) within next 30 working days.
Tue, 24th January 2023
11:24 am
Referring to the BSEC letter No. BSEC/SRMIC/2021-204/608 dated January 11, 2023, Shamsun Nahar Rahman, one of the Sponsors of the Company, has expressed her intention to sell 33,82,156 shares out of her holding 34,82,156 shares of the Company at prevailing market price (In the Block Market) through Dhaka Stock Exchange (DSE) within next 30 working days.
Thu, 29th December 2022
12:44 pm
Hazi Shakhawat Anwara Eye Hospital Limited, one of the Sponsor Directors of the Company, has further informed that it has completed sale of its entire holding 3,48,21,563 shares of the company at prevailing market price through Dhaka Stock Exchange as per declaration disseminated on 07.12.2022.
Tue, 20th December 2022
1:29 pm
Referring to the BSEC letter No. BSEC/SRMIC/2021-204/482 dated November 02, 2022, Tahmina Afroz, one of the Sponsors of the Company, has expressed intention to sell her entire holding 3,48,21,563 shares of the company at prevailing market price (in the Block Market) through Dhaka Stock Exchange within next 30 working days.
Wed, 7th December 2022
11:54 am
Referring to the BSEC letter No. BSEC/SRMIC/2021-204/528 dated November 21, 2022, Hazi Shakhawat Anwara Eye Hospital Limited, one of the Sponsor Directors of the Company, has expressed its intention to sell entire holding 3,48,21,563 shares of the company at prevailing market price (in the Block Market) through Dhaka Stock Exchange within next 30 working days.
Sun, 30th October 2022
10:24 am
(Continuation news of SBACBANK): Reasons for significant deviations: EPS has been decreased due to increase in weighted average number of ordinary shares in the year 2022 as well as increasing the income tax provision and provision against loans and advances. Net interest income for the period of the Bank has been decreased due to increase of cost of deposits and cost of borrowings of the Bank. NOCFPS has been increased due to increase of deposits significantly. (end)
Sun, 30th October 2022
10:24 am
(Q3 Un-audited): Consolidated EPS was Tk. 0.40 for July-September 2022 as against Tk. 0.52 for July-September 2021; Consolidated EPS was Tk. 0.72 for January-September 2022 as against Tk. 0.79 for January-September 2021. Consolidated NOCFPS was Tk. (2.39) for January-September 2022 as against Tk. (12.13) for January-September 2021. Consolidated NAV per share was Tk. 13.41 as on September 30, 2022 and Tk. 13.02 as on December 31, 2021. (cont.1)
Mon, 17th October 2022
1:59 pm
As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on October 27, 2022 at 2:30 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended September 30, 2022.
Mon, 12th September 2022
10:15 am
Maksudur Rahman, one of the Sponsors of the Company, has further informed that he has completed his sale of 2,04,90,584 shares of the Company at prevailing market price through Dhaka Stock Exchange as per declaration disseminated on 30.08.2022.
Tue, 30th August 2022
11:55 am
Referring to the BSEC letter No. BSEC/SRMIC/2021-204/359 dated August 24, 2022, Maksudur Rahman, one of the Sponsors of the Company, has expressed his intention to sell 2,04,90,584 shares out of his holding 2,58,77,739 shares of the company at prevailing market price (in the Block Market) through Dhaka Stock Exchange within next 30 working days.
Mon, 1st August 2022
10:49 am
The Company has informed that it has disbursed the cash dividend for the year ended December 31, 2021 to the respective shareholders.
Sun, 31st July 2022
10:05 am
(Q2 Un-audited): Consolidated EPS was Tk. 0.10 for April-June 2022 as against Tk. 0.16 for April-June 2021; Consolidated EPS was Tk. 0.32 for January-June 2022 as against Tk. 0.31 for January-June 2021. Consolidated NOCFPS was Tk. (1.13) for January-June 2022 as against Tk. (9.55) for January-June 2021. Consolidated NAV per share was Tk. 12.93 as on June 30, 2022 and Tk. 13.02 as on December 31, 2021. (Cont.)
Sun, 31st July 2022
10:05 am
(Continuation news of SBACBANK): The Company also informed that NOCFPS has increased due to increase of deposits significantly from customers as well as increased in interest income & investment income. NAV slightly decreased due to make payment of Cash Dividend and issuance of Stock dividend. (end)
Tue, 26th July 2022
10:04 am
As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on July 30, 2022 at 10:30 AM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended June 30, 2022.
Mon, 27th June 2022
2:05 pm
Credit Rating Information and Services Limited (CRISL) has rated the Company as "A" in the long term and "ST-2" in the short term along with a Stable outlook in consideration of audited financial statements of the Company up to December 31, 2021; un-audited financials up to March 31, 2022 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
Sun, 29th May 2022
1:39 pm
Trading of the shares of the company will resume on 30.05.2022 after record date.
Thu, 26th May 2022
12:15 pm
Trading of the shares of the company will remain suspended on record date i.e. 29.05.2022.
Tue, 24th May 2022
1:20 pm
Trading of the shares of the company will be allowed only in the Spot Market and Block transaction will also be settled as per spot settlement cycle with cum benefit from 25.05.2022 to 26.05.2022 and trading of the shares will remain suspended on record date i.e, 29.05.2022.
Thu, 28th April 2022
10:55 am
(Q1 Un-audited): Consolidated EPS was Tk. 0.22 for January-March 2022 as against Tk. 0.11 for January-March 2021; Consolidated NOCFPS was Tk. (9.04) for January-March 2022 as against Tk. (9.76) for January-March 2021. Consolidated NAV per share was Tk. 13.37 as on March 31, 2022 and Tk. 13.54 as on December 31, 2021.
Thu, 28th April 2022
10:50 am
The Board of Directors has recommended 3% cash and 1% stock dividend for the year ended December 31, 2021. Date of AGM: 23.06.2022, Time: 3:00 PM, Venue: Digital Platform. Record date: 29.05.2022 to attend and vote in the AGM as well as will be entitled to get such recommended Cash Dividend only, if approved by the Shareholders in the 9th AGM. The Stock Dividend is subject to approval of shareholders in the AGM and subsequent approval of the BSEC. (cont. 1)
Thu, 28th April 2022
10:50 am
(Continuation news of SBACBANK): Record date for entitlement of Stock Dividend will be notified later after getting approval from BSEC. The Company has also reported Consolidated EPS of Tk. 0.74, Consolidated NAV per share of Tk. 13.54 and Consolidated NOCFPS of Tk. (4.86) for the year ended December 31, 2021 as against Tk. 1.39, Tk. 13.59 and Tk. 0.73 respectively for the same period of the previous year. (cont. 2)
Thu, 28th April 2022
10:50 am
(Continuation news of SBACBANK): The Company has also informed that bonus share has declared out of profit and retained earnings and not from any reserve. The reason for declaration of stock dividend is to meet the Basel- III requirement. (end)
Thu, 28th April 2022
10:50 am
There will be no price limit on the trading of the shares of the Company today (28.04.2022) following its corporate declaration.
Thu, 21st April 2022
10:10 am
As per Regulation 19(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on April 27, 2022 at 3:00 PM to consider, among others, audited financial statements of the Company for the year ended on December 31, 2021.
Tue, 8th February 2022
10:04 am
The Company has informed that it has credited the Bonus shares for the year ended on December 31, 2020 to the respective shareholders' BO Accounts on January 25, 2022 and it has also disbursed the cash dividend to the respective shareholders.
Tue, 8th February 2022
10:04 am
The Company will be placed in 'B' category from existing 'N' category with effect from today February 08, 2022 as the Company has reported disbursement of 4% cash and 4% stock dividends for the year ended December 31, 2020.
Wed, 29th December 2021
11:35 am
Trading of the shares of the Company will resume on 30.12.2021 after record date.
Tue, 28th December 2021
12:19 pm
Trading of the shares of the Company will remain suspended on record date i.e., 29.12.2021.
Sun, 26th December 2021
11:39 am
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 27.12.2021 to 28.12.2021. Trading of the shares of the Company will remain suspended on record date i.e., 29.12.2021.
Sun, 26th December 2021
10:09 am
Refer to their earlier news disseminated by DSE on 21.12.2021 regarding Approval of 4% Stock Dividend from BSEC, the Company has further informed that the Board of Directors has fixed the Record date on 29.12.2021 for entitlement of the aforesaid Bonus Share.
Tue, 21st December 2021
10:05 am
The Company has further informed that BSEC has accorded their approval for issuance of 4% Stock Dividend for the year ended December 31, 2020. Record date for entitlement of the aforesaid Bonus Share will be notified later on.
Mon, 29th November 2021
10:05 am
The Company has informed that it has disbursed the cash dividend for the year ended on December 31, 2020 to the respective shareholders.
Sun, 31st October 2021
4:47 pm
(Q3 Un-audited): Consolidated EPS was Tk. 0.54 for July-September 2021 as against Tk. 0.42 for July-September 2020; Consolidated EPS was Tk. 0.81 for January-September 2021 as against Tk. 0.82 for January-September 2020. Consolidated NOCFPS was Tk. (12.62) for January-September 2021 as against Tk. (5.21) for January-September 2020. Consolidated NAV per share was Tk. 14.40 as on September 30, 2021 and Tk. 13.59 as on December 31, 2020. (cont.1)
Sun, 31st October 2021
4:47 pm
(Continuation news of SBACBANK): Significant deviations: Net interest income of the Bank increased by 28.98% during the period ended 30 September 2021 mainly due to decrease in the cost of deposits. Both Net profit after tax and EPS decrease due to requirement of specific and general provision against loans and advances. (cont.2)
Sun, 31st October 2021
4:47 pm
(Continuation news of SBACBANK): NOCFPS changed by 142.03% during the period ended 30 September 2021, compared to the corresponding period due to withdrawal of deposits by Banks and disbursement of loans and advances and investments in the trading securities. (end)
Mon, 25th October 2021
1:15 pm
As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on October 31, 2021 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on September 30, 2021.
Wed, 6th October 2021
10:05 am
The auditor of the South Bangla Agriculture & Commerce Bank Limited has given the "Emphasis of Matter" paragraphs in the Auditor's Report for the year ended on 31 December, 2020. Emphasis of Matter: We draw attention to Note-5.2 balance with financial institutions includes FDR with International Leasing and Financial Services Limited, Fareast Finance and Investment Limited, Premier Leasing and Finance Limited, FAS Finance Limited and Union Capital Limited amounting total (cont.1)
Wed, 6th October 2021
10:05 am
(Continuation news of SBACBANK): Tk. 141.46 crore. Due to Covid 19, the above NBFls has challenged by liquidity crisis and prolonged the withdrawal of its deposits. Our opinion is not modified in respect of this matter. Note no-5.2 Balance with other banks and financial institutions -Main Operation: Management conducted an impairment assessment as on 31st December 2020 and satisfied that no impairment provision is required against any FDR. (cont.2)
Wed, 6th October 2021
10:05 am
(Continuation news of SBACBANK): Due to severe impact of Covid 19, Government has taken various measures to facilitate the affected NBFI to regenerate its regular operation. The Bank assess the recoverability of the balance of the NBFI and conclude that no additional impairment provision is required. However, using prudence, the Bank has not accrued interest for the period if not realized. (cont.3)
Wed, 6th October 2021
10:05 am
(Continuation news of SBACBANK): In addition to above, Banker's meeting held on January 14, 2020 [Letter Ref. BRPD (P-2)/748/2020-1541 dated February 09, 2020] presiding by the honorable Governor of Bangladesh Bank, decided that Bank will not encash their deposits with FI before maturity as well as they should keep assisting FIs by renewing their existing investment to the affected FI. (end)
Tue, 28th September 2021
10:45 am
Trading of the shares of the Company will resume on 29.09.2021 after record date.
Mon, 27th September 2021
11:35 am
Trading of the shares of the Company will remain suspended on record date i.e., 28.09.2021.
Thu, 23rd September 2021
10:24 am
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 26.09.2021 to 27.09.2021. Trading of the shares of the Company will remain suspended on record date i.e., 28.09.2021.
Thu, 9th September 2021
10:05 am
The record date for the purpose of determination of entitlement of bonus shares or stock dividend will be announced later after receiving consent letter from the BSEC
Wed, 8th September 2021
10:04 am
The Board of Directors has recommended 4% cash and 4% stock dividend for the year ended on December 31, 2020. Date of AGM: 21.10.2021, Time: 3:30 PM, Venue: Digital Platform. Record date: 28.09.2021. The Company has also reported Consolidated EPS of Tk. 1.39, Consolidated NAV per share of Tk. 13.59 and (cont. 1)
Wed, 8th September 2021
10:04 am
(Continuation news of SBACBANK): Consolidated NOCFPS of Tk. (0.42) for the year ended on December 31, 2020 as against Tk. 1.41, Tk. 12.22 and Tk. 11.39 respectively for the same period of the previous year. Considering IPO Consolidated EPS of Tk. 1.21, considering IPO Consolidated NAV per share of Tk. 13.14 and considering IPO Consolidated NOCFPS of Tk. (0.37). (cont. 2)
Wed, 8th September 2021
10:04 am
(Continuation news of SBACBANK): The Company has also informed that bonus share has declared out of profit and retained earnings and not from any reserve. The reason for declaration of stock dividend is to meet the Basel- III requirement. (end)
Wed, 8th September 2021
10:04 am
There will be no price limit on the trading of the shares of the Company today (08.09.2021) following its corporate declaration.
Wed, 8th September 2021
10:04 am
The Company has informed that the Board of Directors of the Bank has decided to form a Merchant Banking Company naming "SBAC Bank Capital Management Ltd." with a paid up capital of Tk. 40.00 (Forty) Crore and the authorized capital of Tk. 50.00 (Fifty) Crore subject to approval of Regulatory Authorities. (Cont.)
Wed, 8th September 2021
10:04 am
(SBACBANK Cont.): The Board also has decided to form an Asset Management Company naming "SBAC Bank Asset Management Company Ltd." with a paid up capital of Tk. 40.00 (Forty) Crore and the authorized capital of Tk. 50.00 (Fifty) Crore subject to approval of Regulatory Authorities. (End)
Wed, 1st September 2021
10:05 am
As per Regulation 19(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on September 07, 2021 at 4:00 PM to consider, among others, audited financial statements of the Company for the year ended on December 31, 2020.
Thu, 26th August 2021
10:05 am
In response to a DSE query dated August 25, 2021, the Company has informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike of shares.
Wed, 11th August 2021
10:05 am
Trading of the shares of South Bangla Agriculture & Commerce Bank Limited will commence at DSE from today i.e. August 11, 2021 under 'N' category. DSE Trading Code for South Bangla Agriculture & Commerce Bank Limited is "SBACBANK" and DSE Company Code is 11151.
Wed, 11th August 2021
10:05 am
DSE NEWS: The Stock Brokers, Merchant Bankers and Portfolio Managers are requested to abstain from providing loan facilities to purchase securities of South Bangla Agriculture & Commerce Bank Limited in between 1st to 30th trading day starting from today i.e. August 11, 2021 as per BSEC Directive No. SEC/CMRRCD/2009-193/177 and BSEC Order No. SEC/CMRRCD/2009-193/178 dated October 27, 2015.
Wed, 11th August 2021
10:05 am
(Q2 Un-audited): As per un-audited Q2 consolidated financial statements, profit after tax is BDT 120.55 million and basic EPS of BDT 0.18 for the 3 (three) months (April-June 2021) period ended on 30 June 2021 against profit after tax of BDT 114.33 million and basic EPS of BDT 0.16 for the same period of the previous year. However, Post-IPO basic EPS for the 3 (three) months (April-June 2021) period ended on 30 June 2021 would be BDT 0.15. Moreover, net profit after taxation is BDT 209.50 million (Cont. 1)
Wed, 11th August 2021
10:05 am
(Continuation news of SBACBANK): and basic EPS of BDT 0.31 for the 6 (six) months (January-June 2021) period ended on 30 June 2021 against net profit after taxation of BDT 338.88 million and basic EPS of BDT 0.49 for the same period of the previous year. However, Post-IPO basic EPS for the 6 (six) months (January-June 2021) period ended on 30 June 2021 would be BDT 0.27. (Cont. 2)
Wed, 11th August 2021
10:05 am
(Cont. news of SBACBANK): Pre-IPO Net Asset Value (NAV) per share (considering Pre-IPO paid up shares) would be BDT 15.28 as on 30 June 2021 and the same would be Tk. 14.61 (considering Post-IPO paid up shares). Pre-IPO weighted average paid-up number of shares for 3 (three) months (April-June 2021) and 6 (six) months (January-June 2021) period ended on 30 June 2021 was 684,645,517 which was same for the same period of the previous year and Post-IPO paid-up number of shares would be 784,645,517. (end)
Wed, 23rd October 2024
10:04 am
(Q3 Un-audited): Consolidated EPS was Tk. 0.49 for July-September 2024 as against Tk. 0.19 for July-September 2023; Consolidated EPS was Tk. 0.95 for January-September 2024 as against Tk. 0.60 for January-September 2023. Consolidated NOCFPS was Tk. 1.38 for January-September 2024 as against Tk. 2.63 for January-September 2023. Consolidated NAV per share was Tk. 14.26 as on September 30, 2024 and Tk. 13.50 as on December 31, 2023. (cont.)
Wed, 23rd October 2024
10:04 am
(Continuation news of SBACBANK): Reasons for significant deviations: The EPS increased compared to the same period of the previous year, driven by higher investment income, lower administrative expenses, and reduced tax provisions, despite a rise in net interest income. The NAV also increased as a result of the improved EPS. However, the NOCFPS declined compared to the same period last year, primarily due to an increase in loans along with trading securities. (end)
Thu, 1st August 2024
10:05 am
(Q2 Un-audited): Consolidated EPS was Tk. 0.22 for April-June 2024 as against Tk. 0.23 for April-June 2023; Consolidated EPS was Tk. 0.46 for January-June 2024 as against Tk. 0.41 for January-June 2023. Consolidated NOCFPS was Tk. 8.38 for January-June 2024 as against Tk. 3.18 for January-June 2023. Consolidated NAV per share was Tk. 13.80 as on June 30, 2024 and Tk. 13.50 as on December 31, 2023. Reasons for deviation in EPS, NAVPS and NOCFPS: (cont.)
Thu, 1st August 2024
10:05 am
(Cont. news of SBACBANK): EPS have been increased due to increase in net interest income. NAVPS increased as a result of increasing EPS. NOCFPS have been increased compare to the same period of the previous year due to increase in deposit. (end)
Sun, 12th May 2024
10:04 am
(Q1 Un-audited): Consolidated EPS was Tk. 0.2425 for January-March 2024 as against Tk. 0.17 for January-March 2023. Consolidated NOCFPS was Tk. (1.72) for January-March 2024 as against Tk. (0.43) for January-March 2023. Consolidated NAV per share was Tk. 13.84 as on March 31, 2024 and Tk. 13.50 as on December 31, 2023. Reasons for deviation in EPS and NOCFPS: (cont.)
Sun, 12th May 2024
10:04 am
(Continuation news of SBACBANK): EPS has been increased compared to same period of previous year due to increase in net interest income, and provision requirement decreased compare to last year quarter. NOCFPS has been decreased compared to same period of previous year cause to increase in outflow of loan and advances & deposits and decrease in net proceeds from trading securities. (end)
Tue, 31st October 2023
10:04 am
(Q3 Un-audited): Consolidated EPS was Tk. 0.19 for July-September 2023 as against Tk. 0.40 (restated) for July-September 2022; Consolidated EPS was Tk. 0.60 for January-September 2023 as against Tk. 0.72 (restated) for January-September 2022. Consolidated NOCFPS was Tk. 2.63 for January-September 2023 as against Tk. (2.36) (restated) for January-September 2022. Consolidated NAV per share was Tk. 13.45 as on September 30, 2023 and Tk. 13.27 (restated) as on December 31, 2022. (cont.1)
Tue, 31st October 2023
10:04 am
(Continuation news of SBACBANK): Reasons for significant deviations in EPS, NOCFPS and NAVPS: EPS have decreased in compare to that of the same period of previous year due to decrease of net profit resulting from increased provision for taxation compare to September 30, 2022. Net cash flow from operating activities has increased significantly in compare to that of the same period of previous year which results in the increase of NOCFPS to the positive state from the negative state. (cont.2)
Tue, 31st October 2023
10:04 am
(Continuation news of SBACBANK): Moreover, the NAVPS has increased also in compare to that of the same period of previous year as a result of increase in paid-up capital through allotment of stock dividend for the year 2021. (end)
Wed, 26th July 2023
10:04 am
(Q2 Un-audited): Consolidated EPS was Tk. 0.23 for April-June 2023 as against Tk. 0.10 (restated) for April-June 2022; Consolidated EPS was Tk. 0.41 for January-June 2023 as against Tk. 0.31 (restated) for January-June 2022. Consolidated NOCFPS was Tk. 3.18 for January-June 2023 as against Tk. (1.12) (restated) for January-June 2022. Consolidated NAV per share was Tk. 13.25 as on June 30, 2023 and Tk. 13.27 (restated) as on December 31, 2022. (cont.)
Wed, 26th July 2023
10:04 am
(Continuation news of SBACBANK): Reasons for deviation: EPS has been increased in compare to that of the same period of previous year due to decrease of provision requirement compared to June 30, 2022. Income from Operating activities has increased in compare to that of the same period of previous year which has resulted in the increase of NOCFPS to the positive state from the negative state. (end)
Mon, 15th May 2023
10:04 am
(Q1 Un-audited): Consolidated EPS was Tk. 0.17 for January-March 2023 as against Tk. 0.22 for January-March 2022. Consolidated NOCFPS was Tk. (0.43) for January-March 2023 as against Tk. (9.04) for January-March 2022. Consolidated NAV per share was Tk. 13.53 as on March 31, 2023 and Tk. 13.27 as on December 31, 2022. Reasons for deviation in EPS and NOCFPS: EPS has been decreased due to decrease in net interest income, increase in salary and provision for taxation (cont.)
Mon, 15th May 2023
10:04 am
(Continuation news of SBACBANK): despite increase in income from investments. NOCFPS has been increased due to increase in net of loan, deposits and net proceeds from trading securities. (end)
Sun, 30th October 2022
10:24 am
(Continuation news of SBACBANK): Reasons for significant deviations: EPS has been decreased due to increase in weighted average number of ordinary shares in the year 2022 as well as increasing the income tax provision and provision against loans and advances. Net interest income for the period of the Bank has been decreased due to increase of cost of deposits and cost of borrowings of the Bank. NOCFPS has been increased due to increase of deposits significantly. (end)
Sun, 30th October 2022
10:24 am
(Q3 Un-audited): Consolidated EPS was Tk. 0.40 for July-September 2022 as against Tk. 0.52 for July-September 2021; Consolidated EPS was Tk. 0.72 for January-September 2022 as against Tk. 0.79 for January-September 2021. Consolidated NOCFPS was Tk. (2.39) for January-September 2022 as against Tk. (12.13) for January-September 2021. Consolidated NAV per share was Tk. 13.41 as on September 30, 2022 and Tk. 13.02 as on December 31, 2021. (cont.1)
Sun, 31st July 2022
10:05 am
(Q2 Un-audited): Consolidated EPS was Tk. 0.10 for April-June 2022 as against Tk. 0.16 for April-June 2021; Consolidated EPS was Tk. 0.32 for January-June 2022 as against Tk. 0.31 for January-June 2021. Consolidated NOCFPS was Tk. (1.13) for January-June 2022 as against Tk. (9.55) for January-June 2021. Consolidated NAV per share was Tk. 12.93 as on June 30, 2022 and Tk. 13.02 as on December 31, 2021. (Cont.)
Sun, 31st July 2022
10:05 am
(Continuation news of SBACBANK): The Company also informed that NOCFPS has increased due to increase of deposits significantly from customers as well as increased in interest income & investment income. NAV slightly decreased due to make payment of Cash Dividend and issuance of Stock dividend. (end)
Thu, 28th April 2022
10:55 am
(Q1 Un-audited): Consolidated EPS was Tk. 0.22 for January-March 2022 as against Tk. 0.11 for January-March 2021; Consolidated NOCFPS was Tk. (9.04) for January-March 2022 as against Tk. (9.76) for January-March 2021. Consolidated NAV per share was Tk. 13.37 as on March 31, 2022 and Tk. 13.54 as on December 31, 2021.
Sun, 31st October 2021
4:47 pm
(Q3 Un-audited): Consolidated EPS was Tk. 0.54 for July-September 2021 as against Tk. 0.42 for July-September 2020; Consolidated EPS was Tk. 0.81 for January-September 2021 as against Tk. 0.82 for January-September 2020. Consolidated NOCFPS was Tk. (12.62) for January-September 2021 as against Tk. (5.21) for January-September 2020. Consolidated NAV per share was Tk. 14.40 as on September 30, 2021 and Tk. 13.59 as on December 31, 2020. (cont.1)
Sun, 31st October 2021
4:47 pm
(Continuation news of SBACBANK): Significant deviations: Net interest income of the Bank increased by 28.98% during the period ended 30 September 2021 mainly due to decrease in the cost of deposits. Both Net profit after tax and EPS decrease due to requirement of specific and general provision against loans and advances. (cont.2)
Sun, 31st October 2021
4:47 pm
(Continuation news of SBACBANK): NOCFPS changed by 142.03% during the period ended 30 September 2021, compared to the corresponding period due to withdrawal of deposits by Banks and disbursement of loans and advances and investments in the trading securities. (end)
Wed, 11th August 2021
10:05 am
(Q2 Un-audited): As per un-audited Q2 consolidated financial statements, profit after tax is BDT 120.55 million and basic EPS of BDT 0.18 for the 3 (three) months (April-June 2021) period ended on 30 June 2021 against profit after tax of BDT 114.33 million and basic EPS of BDT 0.16 for the same period of the previous year. However, Post-IPO basic EPS for the 3 (three) months (April-June 2021) period ended on 30 June 2021 would be BDT 0.15. Moreover, net profit after taxation is BDT 209.50 million (Cont. 1)
Wed, 11th August 2021
10:05 am
(Continuation news of SBACBANK): and basic EPS of BDT 0.31 for the 6 (six) months (January-June 2021) period ended on 30 June 2021 against net profit after taxation of BDT 338.88 million and basic EPS of BDT 0.49 for the same period of the previous year. However, Post-IPO basic EPS for the 6 (six) months (January-June 2021) period ended on 30 June 2021 would be BDT 0.27. (Cont. 2)
Wed, 11th August 2021
10:05 am
(Cont. news of SBACBANK): Pre-IPO Net Asset Value (NAV) per share (considering Pre-IPO paid up shares) would be BDT 15.28 as on 30 June 2021 and the same would be Tk. 14.61 (considering Post-IPO paid up shares). Pre-IPO weighted average paid-up number of shares for 3 (three) months (April-June 2021) and 6 (six) months (January-June 2021) period ended on 30 June 2021 was 684,645,517 which was same for the same period of the previous year and Post-IPO paid-up number of shares would be 784,645,517. (end)
Wed, 31st July 2024
12:34 pm
The Company has informed that it has disbursed the Cash Dividend for the year ended December 31, 2023 to the respective shareholders.
Thu, 2nd May 2024
10:04 am
The Board of Directors has recommended 2% Cash for the year ended December 31, 2023. Date of AGM: 22.06.2024, Time: 11:00 AM, Venue: Meeting through Hybrid System in combination of online and physical presence at Retired Armed Forces Officers' Welfare Association (RAOWA) Club, VIP Road, Mohakhali, Dhaka 1206. Record Date: 29.05.2024. (cont.)
Thu, 2nd May 2024
10:04 am
(Continuation news of SBACBANK): The Company has also reported Consolidated EPS of Tk. 0.66, Consolidated NAV per share of Tk. 13.50 and Consolidated NOCFPS of Tk. 3.51 for the year ended December 31, 2023 as against Tk. 0.72 (restated), Tk. 13.14 (restated) and Tk. 2.99 (restated) respectively for the year ended December 31, 2022. (end)
Wed, 4th October 2023
1:20 pm
The Company has informed that it has disbursed the Cash Dividend for the year ended December 31, 2022 to the respective shareholders.
Thu, 18th May 2023
4:32 pm
The Company has informed that it has credited the Bonus shares for the year ended December 31, 2021 to the respective shareholders' BO Accounts.
Thu, 27th April 2023
10:05 am
The Board of Directors has recommended 3.50% Cash dividend for the year ended December 31, 2022. The Board of Directors has also decided to hold an EGM to pass Special Resolutions with respect to making amendment in the Memorandum and Articles of Association of the Company for - (i) Changing the Name of the Company from "South Bangla Agriculture and Commerce Bank Limited" to "SBAC Bank PLC"; (cont.1)
Thu, 27th April 2023
10:05 am
(Continuation news of SBACBANK): (ii) Increasing the Authorized Capital of the Company from Tk. 1,000,00,00,000.00 (Taka one Thousand crore) to Tk. 2,000,00,00,000.00 (Taka Two Thousand Crore) in order to enhance the Capital Base of the Company; (iii) Incorporating the recent amendment in the Companies Act 1994 with respect to Notice Period of 21 days for General Meetings; (iv) Deleting existing provisions that are inconsistent upon abolishing the provisions for Shareholders of Different Classes (cont.2)
Thu, 27th April 2023
10:05 am
(Continuation news of SBACBANK): and (v) Adoption of an Amended Version of the Memorandum and Articles of Association of the Company. Date of EGM and AGM: 18.06.2023, Time of EGM and AGM: 11:00 AM and 11:30 PM respectively. Venue of the EGM and AGM: Digital Platform through https://sbacbank-egm.bdvirtual.com for EGM and https://sbacbank.bdvirtualagm.com for AGM. Record Date for EGM and AGM: 21.05.2023. (cont.3)
Thu, 27th April 2023
10:05 am
(Continuation news of SBACBANK): The Company has reported Consolidated EPS of Tk. 0.72, Consolidated NAV per share of Tk. 13.27 and Consolidated NOCFPS of Tk. 3.02 for the year ended December 31, 2022 as against Tk. 0.66 (restated), Tk. 13.02 (restated) and Tk. (4.38) (restated) respectively for the year ended December 31, 2021. (end)
Thu, 6th April 2023
11:45 am
Trading of the shares of the company will be allowed only in the Spot Market and Block transaction will also be settled as per spot settlement cycle with cum benefit from 09.04.2023 to 10.04.2023 and trading of the shares will remain suspended on record date i.e., 11.04.2023.
Thu, 6th April 2023
10:45 am
Refer to their earlier news disseminated by DSE on 03.04.2023 regarding BSEC Consent for issuance of 1% Stock Dividend, the Company has informed that the Board of Directors has fixed the Record date on 11.04.2023 for entitlement of the aforesaid Bonus Shares.
Mon, 3rd April 2023
3:32 pm
Refer to their earlier news disseminated by DSE on 28.04.2022 regarding Dividend Declaration, BSEC has accorded its consent for raising of paid-up capital through issuance of 1% Stock Dividend for the year ended December 31, 2021. Record date for entitlement of aforesaid Bonus Shares will be notified later.
Mon, 1st August 2022
10:49 am
The Company has informed that it has disbursed the cash dividend for the year ended December 31, 2021 to the respective shareholders.
Thu, 28th April 2022
10:50 am
The Board of Directors has recommended 3% cash and 1% stock dividend for the year ended December 31, 2021. Date of AGM: 23.06.2022, Time: 3:00 PM, Venue: Digital Platform. Record date: 29.05.2022 to attend and vote in the AGM as well as will be entitled to get such recommended Cash Dividend only, if approved by the Shareholders in the 9th AGM. The Stock Dividend is subject to approval of shareholders in the AGM and subsequent approval of the BSEC. (cont. 1)
Thu, 28th April 2022
10:50 am
(Continuation news of SBACBANK): Record date for entitlement of Stock Dividend will be notified later after getting approval from BSEC. The Company has also reported Consolidated EPS of Tk. 0.74, Consolidated NAV per share of Tk. 13.54 and Consolidated NOCFPS of Tk. (4.86) for the year ended December 31, 2021 as against Tk. 1.39, Tk. 13.59 and Tk. 0.73 respectively for the same period of the previous year. (cont. 2)
Thu, 28th April 2022
10:50 am
(Continuation news of SBACBANK): The Company has also informed that bonus share has declared out of profit and retained earnings and not from any reserve. The reason for declaration of stock dividend is to meet the Basel- III requirement. (end)
Tue, 8th February 2022
10:04 am
The Company has informed that it has credited the Bonus shares for the year ended on December 31, 2020 to the respective shareholders' BO Accounts on January 25, 2022 and it has also disbursed the cash dividend to the respective shareholders.
Sun, 26th December 2021
11:39 am
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 27.12.2021 to 28.12.2021. Trading of the shares of the Company will remain suspended on record date i.e., 29.12.2021.
Sun, 26th December 2021
10:09 am
Refer to their earlier news disseminated by DSE on 21.12.2021 regarding Approval of 4% Stock Dividend from BSEC, the Company has further informed that the Board of Directors has fixed the Record date on 29.12.2021 for entitlement of the aforesaid Bonus Share.
Tue, 21st December 2021
10:05 am
The Company has further informed that BSEC has accorded their approval for issuance of 4% Stock Dividend for the year ended December 31, 2020. Record date for entitlement of the aforesaid Bonus Share will be notified later on.
Mon, 29th November 2021
10:05 am
The Company has informed that it has disbursed the cash dividend for the year ended on December 31, 2020 to the respective shareholders.
Wed, 8th September 2021
10:04 am
The Board of Directors has recommended 4% cash and 4% stock dividend for the year ended on December 31, 2020. Date of AGM: 21.10.2021, Time: 3:30 PM, Venue: Digital Platform. Record date: 28.09.2021. The Company has also reported Consolidated EPS of Tk. 1.39, Consolidated NAV per share of Tk. 13.59 and (cont. 1)
Wed, 8th September 2021
10:04 am
(Continuation news of SBACBANK): Consolidated NOCFPS of Tk. (0.42) for the year ended on December 31, 2020 as against Tk. 1.41, Tk. 12.22 and Tk. 11.39 respectively for the same period of the previous year. Considering IPO Consolidated EPS of Tk. 1.21, considering IPO Consolidated NAV per share of Tk. 13.14 and considering IPO Consolidated NOCFPS of Tk. (0.37). (cont. 2)
Wed, 8th September 2021
10:04 am
(Continuation news of SBACBANK): The Company has also informed that bonus share has declared out of profit and retained earnings and not from any reserve. The reason for declaration of stock dividend is to meet the Basel- III requirement. (end)
Sun, 18th August 2024
10:05 am
Thermax Textile Mills Ltd., one of the placement holders and ex-directors of SBAC Bank PLC., has expressed its intention to sell 34,821,563 shares out of its total holding of 35,169,778 shares of the Company at prevailing market price (In the Block Market) through Dhaka Stock Exchange PLC.
Tue, 24th January 2023
11:24 am
Referring to the BSEC letter No. BSEC/SRMIC/2021-204/607 dated January 11, 2023, Mizanur Rahman, one of the Sponsors of the Company, has expressed his intention to sell 35,56,263 shares out of his holding 36,56,263 shares of the Company at prevailing market price (In the Block Market) through Dhaka Stock Exchange (DSE) within next 30 working days.
Tue, 24th January 2023
11:24 am
Referring to the BSEC letter No. BSEC/SRMIC/2021-204/608 dated January 11, 2023, Shamsun Nahar Rahman, one of the Sponsors of the Company, has expressed her intention to sell 33,82,156 shares out of her holding 34,82,156 shares of the Company at prevailing market price (In the Block Market) through Dhaka Stock Exchange (DSE) within next 30 working days.
Tue, 20th December 2022
1:29 pm
Referring to the BSEC letter No. BSEC/SRMIC/2021-204/482 dated November 02, 2022, Tahmina Afroz, one of the Sponsors of the Company, has expressed intention to sell her entire holding 3,48,21,563 shares of the company at prevailing market price (in the Block Market) through Dhaka Stock Exchange within next 30 working days.
Wed, 7th December 2022
11:54 am
Referring to the BSEC letter No. BSEC/SRMIC/2021-204/528 dated November 21, 2022, Hazi Shakhawat Anwara Eye Hospital Limited, one of the Sponsor Directors of the Company, has expressed its intention to sell entire holding 3,48,21,563 shares of the company at prevailing market price (in the Block Market) through Dhaka Stock Exchange within next 30 working days.
Tue, 30th August 2022
11:55 am
Referring to the BSEC letter No. BSEC/SRMIC/2021-204/359 dated August 24, 2022, Maksudur Rahman, one of the Sponsors of the Company, has expressed his intention to sell 2,04,90,584 shares out of his holding 2,58,77,739 shares of the company at prevailing market price (in the Block Market) through Dhaka Stock Exchange within next 30 working days.
Sun, 20th October 2024
10:29 am
As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on October 22, 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.
Sun, 28th July 2024
1:39 pm
As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on July 31, 2024 at 02:30 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended June 30, 2024.
Wed, 8th May 2024
10:04 am
As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on May 11, 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.
Sun, 21st April 2024
10:04 am
As per Regulation 19(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on April 27, 2024 at 03:00 PM to consider, among others, audited financial statements of the Company for the year ended December 31, 2023.
Sun, 22nd October 2023
12:49 pm
As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on October 30, 2023 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended September 30, 2023.
Wed, 19th July 2023
10:04 am
As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on July 25, 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.
Tue, 9th May 2023
10:04 am
As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on May 14, 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.
Mon, 24th April 2023
10:14 am
As per Regulation 19(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the company has informed that a meeting of the Board of Directors will be held on April 26, 2023 at 8:00 PM to consider, among others, audited financial statements of the company for the year ended December 31, 2022.
Mon, 17th October 2022
1:59 pm
As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on October 27, 2022 at 2:30 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended September 30, 2022.
Tue, 26th July 2022
10:04 am
As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on July 30, 2022 at 10:30 AM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended June 30, 2022.
Thu, 21st April 2022
10:10 am
As per Regulation 19(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on April 27, 2022 at 3:00 PM to consider, among others, audited financial statements of the Company for the year ended on December 31, 2021.
Mon, 25th October 2021
1:15 pm
As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on October 31, 2021 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on September 30, 2021.
Wed, 1st September 2021
10:05 am
As per Regulation 19(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on September 07, 2021 at 4:00 PM to consider, among others, audited financial statements of the Company for the year ended on December 31, 2020.
Tue, 27th February 2024
12:56 pm
In response to the DSE query dated February 25, 2024, the company has informed that there is no undisclosed price sensitive information of the company for recent unusual price hike and increase in volume of shares.
Thu, 26th August 2021
10:05 am
In response to a DSE query dated August 25, 2021, the Company has informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike of shares.