Jamuna Bank has declared a total of 24% dividend—comprising 17.5% cash and 6.5% stock—for the financial year 2024 at its 24th Annual General Meeting (AGM), held virtually from the bank’s Corporate Office in Dhaka on Tuesday morning.
The AGM, chaired by Robin Razon Sakhawat, Chairman of the Board of Directors, brought together board members, independent directors, Managing Director and CEO Mirza Elias Uddin Ahmed, the Company Secretary, and a substantial number of shareholders through a digital platform.
In his remarks, Sakhawat expressed appreciation to shareholders for their ongoing confidence in the bank’s performance and strategic direction. The board highlighted the bank’s consistent financial growth over the past year, which enabled it to propose a dividend that reflects both prudence and reward for investor confidence.
Managing Director Mirza Elias Uddin Ahmed reiterated the bank’s commitment to strong corporate governance, innovation, and client-focused services that have underpinned Jamuna Bank’s steady growth in a challenging economic environment.
The approved dividend reflects the bank’s robust financial health and aligns with its long-term strategy of maintaining a balanced payout policy while ensuring sustainable capital growth. Shareholders welcomed the move, commending the bank for maintaining strong earnings and sound risk management.
The board extended its gratitude to customers, regulators, and employees for their continued support, and assured that the bank would remain focused on enhancing value for all stakeholders.
Jamuna Bank PLC, one of the leading private commercial banks in Bangladesh, continues to maintain its position through innovation, digital transformation, and a commitment to responsible banking practices.