The board of directors of Islami Bank Bangladesh Limited has recommended a 10% cash dividend for the shareholders for the year 2021.
The dividend is subject to the approval of the 39th Annual General Meeting of the bank, reads a press release.
The decision was taken in a virtual meeting of the board of directors on Tuesday with its Chairman Professor Md Nazmul Hassan in the chair.
Vice-Chairmen Yousif Abdullah Al-Rajhi and Md Shahabuddin, representative of Islamic Development Bank Dr Areef Suleman, other directors. Managing Director and CEO Mohammed Monirul Moula and Deputy Managing Director and Company Secretary of the bank JQM Habibullah attended the meeting.
The board also decided to hold the 39th Annual General Meeting of the bank on June 21.
The meeting also adopted unaudited financial statements for the first quarter ended on March 31, 2022, along with other issues.
