AGM of Midland Bank held

The sixth annual general meeting (AGM) of the shareholders of Midland Bank Limited (MDB) was held at the boardroom of the bank's Head Office in the city Saturday, says a statement.

Nilufer Zafarullah, Chairman of the board of directors of the bank, presided over the meeting attended by sponsors and directors of the bank.

Md Ahsan-uz Zaman, Managing Director & CEO, and Mohammad Masoom, AMD of the bank, were also present.

The meeting approved 8.0 per cent stock dividend for the year 2018 for the shareholders of the bank.

The Directors' Report and Audited Financial Statements of the bank for the year ended December 31, 2018 were also placed and adopted in the meeting.