Al-Arafah Islami Bank Ltd (AIBL) has approved 14% Cash Dividend for the year ended 31st December, 2014 in its 20th Annual General Meeting (AGM) held on 31 March, 2015 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 Md. Harun-ar-Rashid Khan, Alhajj Abdul Malek Mollah, Alhajj Hafej Md. Enayetullah, Alhajj Abdus Samad, Alhajj Engr. Kh. Mesbah Uddin Ahmed, Alhajj Niaz Ahmed, Dr. Md. Shafiul Haider Chowdhury, Md. Liakat Ali Chowdhuty, Khalid Rahim, Founder Chairman Alhajj A.Z.M. Shamsul Alam, Managing Director Md. Habibur Rahman, Deputy Managing Directors, Company Secretary, Executive Vice Presidents, Executives, Officers and large number of Shareholders were present on the occasion.
The Bank achieved growth of 18.35% in Deposit and 16.72% in Investment during the year 2014 compared to 2013.
The house considered and adopted the Directors’ Report, Statement of Accounts for the year 2014 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.
