Standard Bank Limited approved 10 per cent stock dividend for the shareholders for the year 2017 at the 19th annual general meeting (AGM) of the bank in the city on Thursday, according to a statement.
Chairman of the board of directors Kazi Akram Uddin Ahmed presided over the meeting.
It was attended by Vice Chairman Mohammed Abdul Aziz, Directors Kamal Mostafa Chowdhury, Ashok Kumar Saha, Ferozur Rahman, S. A. M. Hossain, Mohammed Shamsul Alam, Gulzar Ahmed, Md. Zahedul Hoque, Mohd. Yousuf Chowdhury, Kazi Sanaul Hoq, S. S. Nizamuddin Ahmed, Md. Nazmus Salehin, Ferdous Ali Khan and Shariah Board member Kazi Khurram Ahmed.
Managing Director & CEO Mamun- Ur- Rashid, Additional Managing Director Md. Tariqul Azam, Deputy Managing Director Md. Motaleb Hossain and a large number of shareholders, guests, well wishers and external auditor of the bank were present on the occasion. CFO and acting Group Company Secretary Md. Ali Reza conducted the meeting.
Chairman Kazi Akram Uddin Ahmed presented Annual Report 2017 and Directors' Report of the bank. He congratulated the shareholders, guests and employees of the bank and thanked for their active participation, commitment and contribution to the bank.
Managing Director Mamun-Ur-Rashid welcomed all the guests and participants at the beginning of the meeting. The AGM approved all agenda including the balance sheet placed before the meeting.