IBBL approves cash, stock dividends

Posted by BankInfo on Tue, Apr 17 2012 07:44 am

Prof. Abu Nasser Muhammad Abduz Zaher, Chairman of IBBL presides over the 29th AGM of the Bank in the city recently.

Islami Bank Bangladesh Limited (IBBL) has declared 25 percent stock and 7 percent cash dividend for the year 2011.

This dividend was approved at the 29th Annual General Meeting of the Bank held at Islami Bank Tower in the city recently, said a press release.

Presided over by Prof. Abu Nasser Muhammad Abduz Zaher, Chairman, Board of Directors of the Bank the meeting was attended by foreign and local directors including Dr. Abdulhameed Fouad Al-Khateeb, Jeddah, KSA, Mohammad Adnan Midani, Representative of Islamic Development Bank, Jeddah, KSA and Mohammad Abdullah Al-Jalahma, Representative of Kuwait Awqaf Public Foundation.

The Daily Sun/Bangladesh/ 17th April 2012

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