AIBL approves 15pc dividend for 2015

Al-Arafah Islami Bank Ltd (AIBL)  has approved 10% Cash Dividend & 5% Stock Dividend for the year ended on 31st December 2015 in its 21st Annual General Meeting (AGM) held on 27 April, 2016 at Al-Arafah Islami Bank Bhaban, Head Office (Proposed), 63, Purana Paltan, Dhaka. The meeting was presided over by Badiur Rahman, Chairman, Board of Directors of the Bank.

Directors Alhajj Abdul Malek Mollah, Alhajj Hafej Md. Enayetullah, Alhajj Ahamedul Haque, Alhajj Abdus Samad, Alhajj Engr. Kh. Mesbah Uddin Ahmed, Alhajj Abdus Salam, Alhajj Niaz 20160427_aibl_21st_AGM_pressAhmed, Mohammed Emadur Rahman, Anwar Hossain, Md. Liakat Ali Chowdhury, Salim Rahman, Founder Chairman Alhajj A.Z.M. Shamsul Alam, Managing Director Md. Habibur Rahman, Company Secretary, Deputy Managing Directors, Executive Vice Presidents, Executives, Officers and large number of Shareholders were present on the occasion.

The Bank achieved growth of 1.82% in Deposit and 10.74% in Investment during the year 2015 compared to 2014. The house considered and adopted the Directors’ Report, Statement of Accounts for the year 2015 along with Auditors’ Report and also appointed the Auditors of the Company for the term until the next Annual General Meeting. The Shareholders participated in the review of the overall performance of the Bank and expressed their satisfaction. They made some valuable suggestions for improvement of performence and image of the Bank.

The Chairman of the Bank Badiur Rahman thanked the Shareholders for the confidence entrusted on the Board of Directors.


Share:

Leave a Reply

Verified by MonsterInsights