Online Desk :
BIFFL hosted its 11th Annual General Meeting (AGM) recently on a virtual meeting platform. In the meeting, the shareholders approved the Audited Financial Statements for the FY2021 and declared cash dividend of BDT24.50crore in favour of the Government of Bangladesh as the shareholders of BIFFL. In 2021, the company earned a total revenue of BDT235.13 crore and made after-tax profit of BDT61.24crore, said a press release.
Established in 2011 as a state-owned specialized financial institution, BIFFL extends finance to Infrastructure and Public-Private Partnership (PPP) projects. Apart from that, it has been channeling development partners’ funds into the energy efficiency and environment-friendly sectors as well as food value chain improvement projects to facilitate sustainable development of the country.
Abdur Rouf Talukder, Chairman of BIFFL and Senior Secretary to the Finance Division, Ministry of Finance, presided over the AGM. Other directors and shareholders including Md. MahbubHossain, Senior Secretary, Energy and Mineral Resources Division; M. Tofazzel Hossain Miah, Senior Secretary, The Prime Minister’s Office; Fatima Yasmin, Senior Secretary, Economic Relations Division; Md. Habibur Rahman, Secretary, Power Division; Md. Monjur Hossain, Secretary, Bridges Division, ABM Amin Ullah Nuri, Secretary, Road Transport and Highways Division Hasan Khaled Foisal, Joint Secretary, Finance Division and S. M. Anisuzzaman, Chief Executive Officer of BIFFL attended the meeting. The Company Secretary of BIFFL, representative of the Finance Division, Ministry of Finance and the external Auditor have also attended the meeting.
