Business Desk :
The 21st Annual General Meeting (AGM) of Premier Bank Limited approved 5 per cent cash & 5 per cent stock dividend for the year 2019. The decision was taken at its 21st Annual General Meeting (AGM) held on Monday through online.
The AGM was duly conducted over the digital platform as directed by the regulatory bodies instead of physical presence of the respected shareholders and directors in order to maintain safe social distancing against the backdrop of the on-going worldwide corona virus pandemic.
It is worth mentioning that the participants and shareholders present in the AGM virtually duly approved all agenda including audited financial statements.
Chairman of the bank Dr. HBM Iqbal, Vice Chairman Moin Iqbal, along with members of the Board of Directors namely BH Haroon, MP; Abdus Salam Murshedy, MP; Mohammad Imran Iqbal, Shafiqur Rahman, Jamal G Ahmed, Independent Directors Chowdhury Jafarullah Sharafat and Naba Gopal Banik, Alternate Director A.H.M Ferdous, Advisor Muhammed Ali and Managing Director & CEO M. Reazul Karim, FCMA, were present along with shareholders, said a press release.
Dr. HBM Iqbal, informed the shareholders that during the year 2019 the bank earned operating profit of Tk.732 crore, which is 21 per cent higher compared to that of 2018. The Chairman deeply appreciated the participation and support of the shareholders and wished for good health and safety for everyone, and encouraged all bank officials to work hard towards an even better operating profit for the coming year.