Standard Bank approves 12pc stock dividend
FE report | Saturday, 2 August 2008
Standard Bank Ltd has introduced SME and rural banking scheme for the help and development of the lower, middle and lower-middle class people of the country.
Standard Bank Chairman Kazi Akramuddin Ahmed said this while presiding over the 9th annual general meeting (AGM) of the bank at BDR Darbar Hall in the city recently.
Company Secretary AFM Nizamul Islam Chowdhury conducted the meeting. The AGM approved 12 per cent stock dividend for the shareholders.
Vice Chairman Mohammad Shamsul Alam, executive committee (EC) Chairman Kamal Mostafa Chowdhury, directors Shaikh Mesba Uddin and Sahazada Syed Nizamuddin Ahmed and sponsors Muhammad Nurul Islam, Ferozur Rahman, Harun Rashid Chowdhury, Mohammed Abdul Aziz and Harun-or-Rashid, Managing Director (CC) SA Farooqui, DMD Md Nazmus Salehin, external auditor of the bank and a large number of shareholders were present on the occasion.
Akramuddin Ahmed presented the directors' report and annual report 2007 of the Bank. The chairman congratulated the shareholders, attending, guests and employees of the Bank with thanks for their active participation, commitment and invaluable contribution to the overall growth and success of the Bank.
The chairman also said measures have already been initiated for modernisation of the Bank and sought the help and cooperation of all stakeholders for turning the Bank into a modern, ideal and world class one. He assured the shareholders of paying attractive dividend in future.
Many of the participant shareholders discussed various issues as reflected in the balance-sheet of the Bank in details and offered their valuable suggestions for the growth of the Bank's income keeping the expenses at the lowest possible level.
Standard Bank Chairman Kazi Akramuddin Ahmed said this while presiding over the 9th annual general meeting (AGM) of the bank at BDR Darbar Hall in the city recently.
Company Secretary AFM Nizamul Islam Chowdhury conducted the meeting. The AGM approved 12 per cent stock dividend for the shareholders.
Vice Chairman Mohammad Shamsul Alam, executive committee (EC) Chairman Kamal Mostafa Chowdhury, directors Shaikh Mesba Uddin and Sahazada Syed Nizamuddin Ahmed and sponsors Muhammad Nurul Islam, Ferozur Rahman, Harun Rashid Chowdhury, Mohammed Abdul Aziz and Harun-or-Rashid, Managing Director (CC) SA Farooqui, DMD Md Nazmus Salehin, external auditor of the bank and a large number of shareholders were present on the occasion.
Akramuddin Ahmed presented the directors' report and annual report 2007 of the Bank. The chairman congratulated the shareholders, attending, guests and employees of the Bank with thanks for their active participation, commitment and invaluable contribution to the overall growth and success of the Bank.
The chairman also said measures have already been initiated for modernisation of the Bank and sought the help and cooperation of all stakeholders for turning the Bank into a modern, ideal and world class one. He assured the shareholders of paying attractive dividend in future.
Many of the participant shareholders discussed various issues as reflected in the balance-sheet of the Bank in details and offered their valuable suggestions for the growth of the Bank's income keeping the expenses at the lowest possible level.