The dividends were approved at the 10th annual general meeting of the bank held in Dhaka on Monday, says a press release.

Rokshana Zaman, chairperson of the bank, presided over the meeting while Afroza Abbas, former vice chairperson, attended the meeting on special invitation. Directors Selina Hai, Rowshan Ara Hanif, Jasmine Sultana, Nilufar Hossain, Jasmin Sultana Chowdhury, Mamtaj Begum, Amina Khatun, Managing Director Shahed Noman and Company Secretary Arham Masudul Huq, among others, were present.

The 2nd extra-ordinary general meeting was also held on the same day. The shareholders approved amendment of Memorandum and Articles of Association in respect of enhancement of authorized capital from Tk 100 crore to Tk 265 crore and enhancement of capital through issuance of 1:2 (one share for every two shares held) rights share at par to the existing shareholders.