Standard Bank approves 10pc stock dividend | 2019-06-21

Standard Bank approves 10pc stock dividend

Business Desk

21 June, 2019 12:00 AM printer

Standard Bank approves 10pc stock dividend

Standard Bank Chairman Kazi Akram Uddin Ahmed presides over the 20th annual general meeting of the bank at Police Convention Hall at Eskaton Garden Road in the city on Thursday.

Standard Bank Limited approved 10 percent stock dividend for its shareholders for the year 2018.

The approval came at the 20th annual general meeting of the bank held at Police Convention Hall, Eskaton Garden Road, Ramna, Dhaka on Thursday, said a press release.

Chairman of the Board of Directors, International Director of Lions Clubs International and former President of FBCCI Kazi Akram Uddin Ahmed presided over the meeting.

Vice Chairman Al-Haj Mohammed Shamsul Alam, Directors Mr Kamal Mostafa Chowdhury, Ashok Kumar Saha, Ferozur Rahman, S. A. M. Hossain, Mohammed Abdul Aziz, Gulzar Ahmed, Md. Zahedul Hoque, Ferdous Ali Khan, Al-Haj Mohd. Yousuf Chowdhury, Najmul Huq Chaudhury and Md. Nazmus Salehin, Shariah Board member Kazi Khurram Ahmed. Managing Director & CEO Mr Mamun- Ur- Rashid, Additional Managing Director Mr Md. Tariqul Azam, Deputy Managing Director Mr Md. Motaleb Hossain and a large number of shareholders, guests, well wishers and external auditor of the Bank were present on the occasion.

Chairman Mr Kazi Akram Uddin Ahmed presented Annual Report 2018 of the Bank and Directors’ Report. He congratulated the shareholders, guests and employees of the Bank and thanked for their active participation, commitment and contribution to the Bank. Managing Director Mamun-Ur-Rashid welcomed all the guests and participants at the beginning of the meeting.