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City Bank approves 10pc stock dividend

Tuesday, 5 June 2007


FE Report
The City Bank Limited approved unanimously 10 per cent stock dividend for its shareholders at the 24th annual general meeting (AGM).
The AGM was held at Bangladesh-China Friendship Conference Centre in the city Monday with Chairman of the bank Aziz Al-Kaiser in the chair.
Aziz Al-Kaiser, in his address, said opportunities now available for banking business may be utilised by using modern technologies.
The timely suggestion offered by the shareholders would go a long way in formulating the bank's future business policy ensuring faster growth and development, he further said.
Vice Chairman Mohammad Shoeb, Managing Director (current charge) Dilwar H Chowdhury, directors Deen Mohammad, Rajibul Huq Chowdhury, Hossain Mahmood, Tabassum Kaiser, Rafiqul Islam Khan, Mobarak Ali and a large number of shareholders attended the meeting.