IBBL board recommends 10% cash dividend for shareholders

IBBL board recommends 10% cash dividend for shareholders

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Dhaka, April 25 – The Board of Directors of Islami Bank Bangladesh Limited recommended 10% cash dividend for the shareholders for the year 2017 subject to approval of the 35th Annual General Meeting of the Bank. The decision came from a meeting of the board of directors held at Islami Bank Tower on 25 April 2018 Wednesday with its Chairman Professor Md. Nazmul Hassan, Ph.D in the chair. Yousif Abdullah Al-Rajhi and Md. Shahabuddin, Vice Chairmen, other directors and Md. Mahbub ul Alam, Managing Director and CEO of the Bank attended the meeting. The meeting approved the audited financial statements for the period ended 31 December 2017.
The Board also decided to hold 35 th Annual General Meeting of the Bank on 25 June 2018. The Record date for entitlement of dividend has been fixed on 21 May 2018. – Press release

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