BGIC approves 12pc cash dividend

Staff Correspondent

15 July, 2021 12:00 AM printer

Bangladesh General Insurance Company Limited (BGIC) has approved 12 percent cash dividend, first time ever, for its shareholders for the calendar year 2020.

The approval came of its 36th Annual General Meeting held through virtual platform on Wednesday, said a press release.

Towhid Samad, Chairman of BGIC, presided over the meeting.

A large number shareholder including Managing Director and CEO of the Company Ahmed Saifuddin Chowdhury attended the AGM.

BGIC, the first General Insurance Company in the private sector of Bangladesh approved 12 percent cash dividend on enhanced capital of approximately Tk 54.03 crore last year.

Vice-Chairman Salim Bhuiyan, Public Director Md Shakil Rizvi, Public Director Pima Imam and Financial Consultant AZ Chowdhury were also present.

Saifuddin Ahmed, General Manager and Company Secretary conducted the AGM.