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Prime Bank lowers FY'17 cash dividend

Prime Bank Ltd. declared a cash dividend of 70 Bangladeshi poisha per share for the year ended Dec. 31, 2017.

The bank will also pay out a stock dividend of one share for every 10 shares held.

In the prior fiscal year, the lender paid out a cash dividend of 1.6 taka per share.

As of May 9, US$1 was equivalent to 84.57 Bangladeshi taka.