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City Bank approves 15pc stock dividend

Friday, 26 September 2008


FE Report
City Bank has approved 15 per cent stock dividend for its shareholders for the year ended December 31, 2007.
The approval came at the 25th annual general meeting (AGM) of the bank held at the Bangladesh-China Friendship Conference Centre in the city Thursday, said a press release.
Chaired by City Bank Chairman Aziz Al-Kaiser, the meeting was attended, among others, by its directors Rubel Aziz, Hossain Khaled Saifullah, Tabassum Kaiser, Rafiqul Islam Khan and Mobarak Ali, and Managing Director and Chief Executive Officer (CEO) K Mahmood Sattar.
A large number of shareholders of the bank attended.