FIRST SECURITY ISLAMI BANK HOLDS BOARD MEETING

The 274th meeting of the Board of Directors of First Security Islami Bank PLC was held at its Head Office in Dhaka on Thursday, with its Chairman Mohammad Abdul Mannan in the chair. The meeting approved the unaudited financial statement for the third quarter (Q3) that ended on September 30. The Board expressed its satisfaction with the recovery of defaulted investments totalling Tk 10.3 billion, the opening of 170,000 new accounts, and the collection of deposits amounting to Tk 15.3 billion in the last two months. Md Azizur Rahman, Vice Chairman, Md Abdul Quddus, Chairman of Executive Committee, Md Saiful Alam, Chairman of Risk Management Committee, Md Ragib Ahsan, Chairman of Audit Committee, Syed Waseque Md Ali, Managing Director, and Oli Kamal, Company Secretary of the bank, were present in the meeting.