Dhaka, Bangladesh (BBN)- The 29th annual general meeting (AGM) and extra-ordinary general meeting (EGM) of Uttara Bank Limited were held at Rangamati Waterfront, Shafipur in Gazipur on Monday.
The bank enhanced its authorized capital from BDT 5.0 billion to BDT 6.0 billion in the EGM. The AGM approved 15 percent stock and 20 percent cash dividends for the year 2011.
Chairman of the board of directors of the bank Azharul Islam presided over both the meetings. The meeting also passed the annual report-2011 along with profit and loss account.
BBN/SSR/AD-15May12-10:20 am (BST)