PHOTO: EASTERN BANK

STAR BUSINESS DESK

Eastern Bank PLC (EBL) has approved a 28 percent dividend, comprising a 25 percent cash dividend for the year ended December 31, 2025.

The dividend was approved at the bank’s 34th annual general meeting (AGM), held recently, according to a press release.

Md Showkat Ali Chowdhury, chairman of EBL, chaired the meeting.

Anis Ahmed, Salina Ali, KJS Banu, Gazi Md Shakhawat Hossain, Mufakkharul Islam Khasru, Mahreen Nasir, Md Abdur Rahim, Khondkar Atique-e-Rabbani and Masih Malik Chowdhury, directors of the bank, attended the AGM.

A large number of shareholders also joined the meeting from across the country. They approved all agenda items placed before the meeting.

During the meeting, shareholders commended the board and management for EBL’s resilient financial performance in 2025, strong corporate governance standards, and continued commitment to digital transformation.

Despite ongoing global economic uncertainties and domestic challenges, shareholders expressed satisfaction with the bank’s performance, the declared dividend, and EBL’s strategic initiatives aimed at delivering sustainable growth and long-term value creation, the release added.

Hassan O Rashid, managing director of EBL, and Md Abdullah Al Mamun, company secretary, along with the external auditors, corporate governance auditors, independent scrutiniser, and the bank’s senior executives, were also present at the event.