Social Islami Bank Limited (SIBL) declared 12 percent cash dividend for its shareholders for the year ended on 31st December 2014.

The approval came at the 19th Annual General Meeting (AGM) of the bank held at Sunrise Community Center in Sylhet on Saturday, said a press release.

Major (Retd.) Dr. Md Rezaul Haque, Chairman of the Board of Directors of the bank presided over the meeting.

Directors of the bank were also present on the occasion.

Managing Director Md Shafiqur Rahman expressed sincere gratitude to the shareholders, clients and distinguished patrons for their cooperation and continuous support provided to the management during the year.

He stated that in 2013, SIBL maintained and achieved a stable position in all key areas of operations despite many challenges at home and abroad.

He further informed that SIBL will also attain a position with strong foundation to further achieve a robust growth in 2014 also by adopting a strategic business policy.

Deputy managing directors, head of branches, high officials of the corporate office and shareholders of the bank attended the meeting.