Uttara Bank Ltd has declared a 100 per cent stock dividend and a 20 per cent cash dividend for its shareholders for the year 2005.
The dividends were announced at the 23rd annual general meeting (AGM) of the bank held on Thursday in Dhaka, says a press release.
Chairman of the bank Azharul Islam presided over the AGM. Meanwhile, at an extra-ordinary general meeting on the same day, the bank raised its authorised capital from Tk 20 crore to Tk 100 crore.
