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The Financial Express
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Premier Bank AGM approves 5.0pc cash, 5.0pc stock dividend

| Updated: August 13, 2020 11:22:04


Premier Bank AGM approves 5.0pc cash, 5.0pc stock dividend

The Premier Bank Limited held its 21st Annual General Meeting on digital platform on Monday. Chairman of the Bank Dr. H. B. M. Iqbal, Vice Chairman Moin Iqbal, Advisor Muhammed Ali and Managing Director & CEO M. Reazul Karim, FCMA, were present along with directors and shareholders.

The Premier Bank Limited held its 21st Annual General Meeting on digital platform on Monday.

Shareholders present in the AGM virtually approved all agenda including audited financial statements and 5.0 per cent cash and 5.0 per cent stock dividend for the year 2019, said a statement.

Chairman of the Bank Dr. H. B. M. Iqbal, Vice Chairman Moin Iqbal, along with members of the Board of Directors B.H Haroon, MP; Abdus Salam Murshedy, MP; Mohammad Imran Iqbal, Shafiqur Rahman, Jamal G Ahmed, Independent Directors Chowdhury Jafarullah Sharafat and Naba Gopal Banik, Alternate Director A.H.M Ferdous, Advisor Muhammed Ali and Managing Director & CEO M. Reazul Karim, FCMA, were present along with shareholders.

The chairman of the Bank informed the shareholders that during the year 2019 the Bank earned operating profit of Tk 7.32 billion, which is 21 per cent higher compared to that of 2018.

The Chairman encouraged all bank officials to work hard towards an even better operating profit for the coming year.

The Managing Director & CEO of the Bank Mr. M. Reazul Karim, FCMA appreciated the effort and continuous support given by the employees and shareholders of the bank, the statement added.

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