News Briefs (13-05-2019)

Premier Bank's 20th AGM held

The Premier Bank Limited has approved 15.50 per cent dividend for their shareholders. In the 20th Annual General Meeting held in International Convention City, this dividend has been declared. As the president of the ceremony, Dr. H. B. M. Iqbal, the Chairman of the Bank informed the shareholders that during the year 2018 the Bank earned operating profit of Tk. 610 Crore, which is a reflection of 40 per cent growth compared to that of 2017. The Chairman appreciated the support of the Board Members and the effort made by the Management team to bring about improvement in the operations of the Bank. The Managing Director & CEO of the Bank Mr. M. Reazul Karim, FCMA appreciated the effort and the continuous support given by the employees and the shareholders of the bank. — Statement

IBCF holds seminar on 'Welfare Banking & Cash Waqf'

Islamic Banks Consultative Forum (IBCF) organised a national seminar on "Welfare Banking & Cash Waqf" at Pan Pacific Sonargaon Hotel, Dhaka recently. Former adviser to the caretaker government and former chairman of NBR Abdul Abdul Muyeed Chowdhury, former state minister to the Foreign Affairs Abul Hasan Chowdhury, NBR's former chairmen Shah Abdul Hannan and Dr. Muhammad Abdul Mazid spoke on welfare banking and cash waqf in the seminar. The key-note paper was presented by Md. Mahbub Ul Alam, Managing Director & CEO of Islami Bank Bangladesh Limited. Dr. Mohammed Haider Ali Miah, Managing Director & CEO of EXIM Bank, Syed Waseque Md. Ali, Managing Director & CEO of First Security Islami Bank, Farman R Chowdhury, Managing Director & CEO of Al-Arafah Islami Bank were also present. Economists, educationists, director and CEOs of different banks, Islamic scholars, business leaders and local elites attended.

— Statement