IFIC Bank approves 27 percent stock dividend

Last updated: July 26, 2011

Dhaka, Bangladesh (BBN) - Expressing satisfaction over the performance of the IFIC Bank Ltd., its stakeholders hoped it will become a top bank by bringing more dynamism in its activities in future.

They expressed the optimism during its 34th Annual General Meeting held at Bashundhara Convention Centre, Baridhara, Dhaka on Sunday. Chairman of the bank Salman F Rahman presided over the meeting.

A large number of shareholders of the bank spontaneously attended the meeting that was held in a festive environment. Different business related issues of the previous year and future work plans were discussed in the meeting. The proposals for approving the Balance Sheet, Profit & Loss Account of the Bank for the year 2010 and issuing 27 per cent stock dividend were okayed during the AGM.

BBN/SSR/AD-26July11-11:42 am (BST) 

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