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Trust Bank declares 25pc dividend

Business Desk     29 May, 2017 12:00 AM

Trust Bank Vice-Chairman Maj Gen SM Matiur Rahman presides over the 18th annual general meeting of the bank at Trust Milonayaton in the capital on Wednesday.

Trust Bank Limited declared 15 percent cash and 10 percent stock dividend for its shareholders for the year 2016.

The announcement came at the 18th annual general meeting of the bank held at Trust Milonayaton in the capital on Wednesday, said a press release.

Maj Gen SM Matiur Rahman, Vice-Chairman of the bank presided over the meeting.

Among others, members of the board of directors Ashrafuzzaman Khan, Shahedul Islam, Brig Gen Md Jalal Ghani Khan, Brig Gen Mohammad Omar Zahid, Brig Gen Md Mohsin, Brig Gen Md Main Ullah Chowdhury, Mohamed Naser Alam, Brig Gen Mohammad Sumon Reza, Brig Gen Naquib Ahmed Chowdhury were also present.

The AGM approved 15 percent cash and 10 percent stock dividend for the year ended on 31 December 2016 along with the directors report and audited financial statements of the bank.

The Anti-Corruption Commission (ACC) on Sunday filed a case against Md Lutfar Rahman Badal, a former director of IFIC Bank Limited, on charges of acquiring illegal wealth.

ACC Deputy Director Sheikh Abdus Salam filed the case against Badal with Ramna Model Police Station in the capital under the Anti-Corruption Commission Act 2004, ACC sources said

According to the case statement, on May, 2016, a resident of Monipuri Para in Dhaka submitted a complaint to the ACC that Badal was involved in share scam in capital market and amassed a huge amount of wealth illegally.

Parikshit Dutta Choudhury, Chairman of Board of Directors and Md Abdur Rouf, Managing Director of Karmasangsthan Bank, AZM Saleh, DMD of NCC Bank and Mohammad Khairuzzaman, Country Director of Operations of TransFast Remittance LLC, exchanging a tri-party

Economic Reporter :
A total of 50 meritorious and financial challenged students of Faculty of Business Studies of University of Dhaka have been awarded scholarships from First Security Islami Bank (FSIB) Limited, said a press release.
Professor AAMS Arefin Siddique, vice chancellor of DU, was present as chief guest in the programme organised at the Faculty of Business Studies department on Sunday.
Syed Waseque Md Ali, managing director of First Security Islami Bank Limited and Selim RF Hussain, managing director and CEO, Brac Bank Limited were present as special guest in the programme.
Among others, Md Mustafa Khair, deputy managing director, First Security Islami Bank Limited was present in the programme.

Business Desk :
The Islami Bank Bangladesh Limited (IBBL) has undertaken a programme to distribute Iftar foods amid 10 million (one crore) fasting pedestrians in Dhaka, Chittagong and Khulna cities during the Holy Ramadan.
IBBL Managing Director M Abdul Hamid Miah inaugurated the programme as the chief guest on Sunday through distributing the iftar items amid the fasting pedestrians in front of Islami Bank Tower, said a press release.
Bank's Deputy Managing Directors M Habibur Rahman Bhuiyan FCA, Mahbub-ul-Alam, Abdus Sadeque and Abu Reza M Yeahia and top executives of the bank were present on the occasion.