The Board of Directors of Islami Bank Bangladesh Limited recommended 10 percent cash dividend for the shareholders for the year 2018 subject to approval of the 36th AGM.
The decision was taken in a meeting of the board of directors at Islami Bank Tower in the capital on Wednesday, said a press release.Bank’s Chairman Professor Md. Nazmul Hassan presided over the meeting.
Yousif Abdullah Al-Rajhi and Md. Shahabuddin, Vice Chairmen, other Directors, Md. Mahbub ul Alam, Managing Director and CEO and J.Q.M. Habibullah, FCS, Deputy Managing Director and Company Secretary of the Bank attended the meeting.
The meeting approved the audited financial statements for the period ended 31 December 2018. The board also decided to hold 36th Annual General Meeting of the bank on 18 June 2019.
The Record date for entitlement of dividend has been fixed on 19 May 2019.