The 25th annual general meeting (AGM) of Rupali Bank Limited was held at the Institution of Engineers in Dhaka recently.

Dr. Ahmed Al-Kabir, chairman, board of directors of the bank presided over the meeting, says a press release. Apart from that M. Farid Uddin, managing director, and all members of the board of directors and other executives including a large number of shareholders were also present at the meeting.

The board of directors of the bank after a long interval of twenty two years has approved 10 per cent stock dividend for the year 2010.

Al-Kabir said that the bank continued to grow progressively in all major areas of banking business. Total deposit of the bank increased to Tk. 9112.38 crore in 2010 from Tk. 7380.34 crore in 2009 while the total advances increased to Tk. 6604.90 crore in 2010 from Tk. 5234.42 crore in 2009.

Source: The Independent/Bangladesh/May-25-2011