Business Desk :
The Board of Directors of Islami Bank Bangladesh Limited has recommended 10 percent cash dividend for the shareholders for the year 2020 subject to approval of the 38th Annual General Meeting of the bank. The decision was taken in a virtual meeting of the board of directors on Tuesday with its Chairman Professor Md. Nazmul Hassan, Ph.D in the chair, said a press release.
Yousif Abdullah Al-Rajhi and Md. Shahabuddin, Vice Chairmen, Dr. Areef Suleman, representative of Islamic Development Bank, other directors, Mohammed Monirul Moula, Managing Director & CEO and J.Q.M. Habibullah, FCS, Deputy Managing Director & Company Secretary of the bank attended the meeting.
The Board also decided to hold 38th Annual General Meeting of the Bank on 27 June 2021, Sunday. The Record date for entitlement of dividend has been fixed on 20 May 2021, Thursday. The meeting also adopted unaudited financial statements for the first quarter ended on 31 March 2021.
