SIBL approves 10.5% cash dividend

Last updated: July 1, 2012
Dhaka, Bangladesh (BBN) - The 17th Annual General Meeting of Social Islami Bank Limited was held at 'The King of Chittagong" Panchlaish, Chittagong, the private commercial bank said.
The shareholders approved 10.50 percent cash dividend for the financial year 2011. The Chairman of the Board of Directors of the Bank Alhaj Nasiruddin presided over the meeting. Directors of the Bank were present in the program.
The Managing Director of the Bank Mr. Muhammed Ali in his address of welcome expressed his sincere gratitude to the shareholders, clients and distinguished patrons for their cooperation and continuous support. 
He said SIBL has been pursuing success diligently in securing a steady growth in all its business indicators in the challenging banking environment of the country. 
He also said, in the year 2011, SIBL attained a position with strong foundation to further achieve a robust growth within 2012 by adopting strategic business policy.
 
BBN/SSR/AD-01July12-10:06 am (BST) 
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