IFIC Bank Limited approved 5 percent stock dividend for its shareholders for the year 2020.
The approval came at the 44th Annual General Meeting (AGM) of the bank held digitally on Thursday, said a press release.Bank’s Chairman Salman F Rahman presided over the AGM.
Bank’s Vice Chairman Ahmed Shayan Fazlur Rahman, directors of the bank Anwaruzzaman Chowdhury, Rabeya Jamali, ARM Nazmus Sakib, Quamrun Naher Ahmed, Md. Zafar Iqbal and Managing Director and CEO of the bank M Shah A Sarwar and Company Secretary Md. Mokammel Hoque were also present on the occasion.
A large number of shareholders of the bank took part in the AGM through digital platform.
The AGM approved the audited financial statements for the year ended on 31 December 2020 and 5 percent stock dividend for the shareholders.