SIBL approves 5pc cash, 5pc stock dividends

Staff Correspondent

7 July, 2021 12:00 AM printer

Social Islami Bank Limited (SIBL) approved 5 percent cash and 5 percent stock dividend for its shareholders for the year 2020 on Tuesday.

The approval came at the 26th annual general meeting of the bank held through virtual platform in the capital, said a press release.

Professor Md Anwarul Azim Arif, Chairman of the Board of Directors of the Bank, and former Vice Chancellor of University of Chittagong presided over the meeting.

Belal Ahmed, Vice Chairman, Md Sayedur Rahman, Vice Chairman, Board of Directors and shareholders of the bank were present in the meeting.

Additional Managing Director Md Tajul Islam and Deputy Managing Directors of the bank were also present in the meeting.

 The AGM was conducted by the Company Secretary Abdul Hannan Khan.