Shimanto Bank AGM approves dividend

Wednesday, 1 July 2020

The 4th Annual General Meeting (AGM) of Shimanto Bank was held on Monday through a digital platform.
The meeting was presided over by the Director General of Border Guard Bangladesh and Chairman of the Bank Major General Md Shafeenul Islam, BGBM (BAR), ndc, psc.
The shareholders approved 4.0 per cent Stock Dividend. Director's Report and Auditor's Report were approved. Directors were elected and Auditor was also appointed in this general meeting.
In his welcome speech, Chairman Major General Md Shafeenul Islam mentioned that due to prevailing novel coronavirus pandemic and lockdown we have to think about business models of different sectors. Bank has to innovate new products and services for convenience of the customers.
More delivery channels have to be developed for ensuring smooth services. Bank will come forward to help the businesses in overcoming the shocks. Bank has to improve risk management considering the new perspectives of pandemic situation, he added.
Managing Director & CEO Muklesur Rahman stated that Shimanto Bank launched in 2016 already started all sorts of banking services including remittance services, export and import business. "We are improving the channels for convenience of the clients. From the very beginning we were prompt to digital channels for convenience of the customers," he added.