IBBL board recommends 10% cash dividend for shareholders

The Board of Directors of Islami Bank Bangladesh Limited has recommended 10% cash dividend for the shareholders for the year 2018 subject to approval of the 36th Annual General Meeting of the Bank. The decision was taken in a meeting of the board of directors at Islami Bank Tower on 24 April 2019, Wednesday with its Chairman Professor Md. Nazmul Hassan, Ph.D in the chair. Yousif Abdullah Al-Rajhi and Md. Shahabuddin, Vice Chairmen, other Directors, Md. Mahbub ul Alam, Managing Director & CEO and J.Q.M. Habibullah, FCS, Deputy Managing Director and Company Secretary of the Bank attended the meeting. The meeting approved the audited financial statements for the period ended 31 December 2018. The Board also decided to hold 36th Annual General Meeting of the Bank on 18 June 2019. The Record date for entitlement of dividend has been fixed on 19 May 2019.