MDB approves 6pc cash dividend

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Business Desk :
Board of Directors of Midland Bank Limited (MDB) approved 6 per cent cash dividend for the year 2019 for its shareholders.
The decision was taken at tbe bank’s 7th Annual General Meeting (AGM) of the shareholders held on Sunday through digital platform. Nilufer Zafarullah, Chairperson, Board of Directors of the bank presided over the meeting, said a press release.
Sponsors and Directors, Independent Directors of the bank were present in the meeting. Md. Ahsan-uz Zaman, Managing Director & CEO and Mohammad Masoom, AMD of the bank were also present. The Directors’ report and audited financial statements of the bank for the year ended 31st December, 2019 were also placed and adopted in the meeting along with other agendas.
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