SJIBL approves 22 percent dividend subject to BB’s approval

Dhaka, Bangladesh (BBN)- Shahjalal Islami Bank Limited (SJIBL) on Thursday approved 22 percent stock dividend for the year 2008, subject to the approval of Bangladesh Bank (BB), the country’s central bank.

The SJIBL held its 8th annual general meeting (AGM) on the day at city’s Bangladesh-China Friendship Conference Centre with its Chairman Akkas Uddin Mollah in the chair.

The meeting also discussed various issues relating to banking policies and stressed on the need for procuring more deposits and making productive investments.

BBN/SS/SI/AD-22May09-2:25 am (BST)

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