Business Desk :
Al-Arafah Islami Bank Limited has approved 15 percent Cash and 5 percent Stock Dividend for the year ended on 31st December 2017 in its 23rd Annual General Meeting (AGM) held on Thursday at the banks head office in the city, said a press release.
The meeting was presided over by Abdus Samad Labu, Chairman, Board of Directors of the Bank while its Vice-Chairman Abdus Salam, Directors Hafez Md. Enayetullah, Salim Rahman, Mohammed Emadur Rahman, Md. Amir Uddin PPM, Nazmul Ahsan Khaled, Abdul Malek Mollah, Md. Harun-Ar-Rashid Khan, Md. Anowar Hossain, Engr. Kh. Mesbah Uddin Ahmed, Ahamedul Hoque, ANM Yeahea, Niaz Ahmed, Md. Liakat Ali Chowdhury, Anwar Hossain, Founder Chairman AZM Shamsul Alam, Managing Director Md. Habibur Rahman, Deputy Managing Directors, Executive Vice-President and Company Secretary Md. Mahmudur Rahman and other executives and large number of Shareholders were present on the occasion.
The Bank achieved growth of 22.58 percent in deposit, 20.04 percent in investment, 31.92 percent in import and 18.59 percent in export during the year 2017 compared to 2016. At the end of 2017, the bank has Net Asset Value (NAV) of Tk.2075.92 crore and per share NAV of Tk. 20.87 Earning Per Share (EPS) of the bank stood at Tk.3.15 in 2017. The house considered and adopted the Directors’ Report, Statement of Accounts for the year 2017 along with Auditors’ Report and also appointed the Auditors of the Company for the term until the next Annual General Meeting. The shareholders participated in the review of the overall performance of the bank and expressed their satisfaction. They made some valuable suggestions for improvement of performence and image of the bank.
Al-Arafah Islami Bank Limited has approved 15 percent Cash and 5 percent Stock Dividend for the year ended on 31st December 2017 in its 23rd Annual General Meeting (AGM) held on Thursday at the banks head office in the city, said a press release.
The meeting was presided over by Abdus Samad Labu, Chairman, Board of Directors of the Bank while its Vice-Chairman Abdus Salam, Directors Hafez Md. Enayetullah, Salim Rahman, Mohammed Emadur Rahman, Md. Amir Uddin PPM, Nazmul Ahsan Khaled, Abdul Malek Mollah, Md. Harun-Ar-Rashid Khan, Md. Anowar Hossain, Engr. Kh. Mesbah Uddin Ahmed, Ahamedul Hoque, ANM Yeahea, Niaz Ahmed, Md. Liakat Ali Chowdhury, Anwar Hossain, Founder Chairman AZM Shamsul Alam, Managing Director Md. Habibur Rahman, Deputy Managing Directors, Executive Vice-President and Company Secretary Md. Mahmudur Rahman and other executives and large number of Shareholders were present on the occasion.
The Bank achieved growth of 22.58 percent in deposit, 20.04 percent in investment, 31.92 percent in import and 18.59 percent in export during the year 2017 compared to 2016. At the end of 2017, the bank has Net Asset Value (NAV) of Tk.2075.92 crore and per share NAV of Tk. 20.87 Earning Per Share (EPS) of the bank stood at Tk.3.15 in 2017. The house considered and adopted the Directors’ Report, Statement of Accounts for the year 2017 along with Auditors’ Report and also appointed the Auditors of the Company for the term until the next Annual General Meeting. The shareholders participated in the review of the overall performance of the bank and expressed their satisfaction. They made some valuable suggestions for improvement of performence and image of the bank.
