IBBL recommends 30pc dividend for 2009
Thursday, 25 March 2010
Islami Bank Bangladesh Limited board of directors recommended 30 per cent dividend (20 per cent stock and 10 per cent cash) for the shareholders for the year 2009 subject to the approval of the 27th Annual General Meeting (AGM) of the bank.
This was decided in a board of directors meeting held at Islami Bank Tower in the city Tuesday, said a press release.
The bank Chairman Prof Abu Nasser Muhammad Abduz Zaher presided over the meeting where foreign and local directors including Yousif Abdullah AI-Rajhi, Representative of Al-Rajhi Company for Industry and Trade, KSA, Dr Abdulhameed Fouad Al-Khateeb, Jeddah, KSA and Wasim Ahmed, Representative of Islamic Development Bank, Jeddah, KSA and Mohammad Abdullah Al-Jalahma, Representative of Kuwait Awqaf Public Foundation were present.
The meeting approved the profit and loss account for the year 2009 and balance sheet as on 31 December 2009.
This was decided in a board of directors meeting held at Islami Bank Tower in the city Tuesday, said a press release.
The bank Chairman Prof Abu Nasser Muhammad Abduz Zaher presided over the meeting where foreign and local directors including Yousif Abdullah AI-Rajhi, Representative of Al-Rajhi Company for Industry and Trade, KSA, Dr Abdulhameed Fouad Al-Khateeb, Jeddah, KSA and Wasim Ahmed, Representative of Islamic Development Bank, Jeddah, KSA and Mohammad Abdullah Al-Jalahma, Representative of Kuwait Awqaf Public Foundation were present.
The meeting approved the profit and loss account for the year 2009 and balance sheet as on 31 December 2009.