Islami Bank declares 25pc dividends

Islami Bank Bangladesh Ltd (IBBL) announced 17 percent stock and 8 percent cash dividends for the bank’s shareholders for 2012 at the annual general meeting held on Wednesday.

Abu Nasser Muhammad Abduz Zaher, chairman of the bank, presided over the meeting at Bangabandhu International Conference Centre in Dhaka.

The AGM approved the balance sheet up to December 31, 2012, profit and loss accounts, reports of the directors and auditors of the bank and minutes of the last annual general meeting.