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POST TIME: 15 September, 2020 07:05:23 PM
Social Islami Bank holds 25th AGM, approves 10pc dividend
Staff Reporter, Dhaka

Social Islami Bank holds 25th AGM, approves 10pc dividend

The 25th annual general meeting (AGM) of Social Islami Bank Limited (SIBL) was held on Tuesday on virtual platform, said a press release.

The bank approved 10 per cent dividend, 5 per cent in the form of cash and 5 per cent in the form of stock, for the financial year 2019 at the AGM.
 The chairman of the board of directors of the bank and former vice chancellor of Chittagong University Professor Anwarul Azim Arif presided over the meeting. 
Board of directors of the bank and shareholders were present in the meeting. Managing Director and CEO Quazi Osman Ali and Company Secretary Abdul Hannan Khan were also present in the meeting. 

The shareholders expressed their satisfaction for the performance of the bank and suggested different guidelines on the virtual meeting.
In his welcome speech the chairman of the bank said that SIBL has been maintaining a steady growth in all the indicators like operating profit, investment, deposit and soon despite worldwide economic slowdown caused by coronavirus pandemic.

In his speech, the managing director and CEO expressed his sincere gratitude to the valued shareholders, customers and distinguished patrons of the bank for their cooperation and continuous support. He hoped that the bank would achieve its goal with the prudent guidelines of the board of directors of the bank.  

MH