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Business & Economy

Syed Waseque Md. Ali, Managing Director of First Security Islami Bank Limited, inaugurates its 5 Agent Banking Outlets through virtually on Thursday.Outlets are located at Mudafa Madrasa Market, Tongi, Gazipur, Harun Miar Market, Mandari Bazar in Laksmipur, Sattar Market, Karalia Bazar, Bashurhat, Noakhali, Hijuli Kachari Bazar, Manikganj Diabetic Commercial Complex, Manikganj and Hakim Plaza, Hatimara Chowrasta, Rampal in Munshiganj. Abdul Aziz, AMD, Md. Masudur Rahman Shah, DMD and other senior officials of the bank were present.

AIBL approves 15pc dividend: Al-Arafah Islami Bank Limited (AIBL) has approved 12 percent cash dividend and 3 percent stock dividend for the year ended on 31st December 2022. The declaration came out through its 28th Annual General Meeting (AGM) held through virtually on Wednesday while the bank’s Chairman Salim Rahman presided over the meeting, said a press release. Abu Naser Mohammad Yeahea, Vice Chairman, Abdus Samad Labu, Executive Committee Chairman, Md. Abdus Salam, Executive Committee Vice Chairman, Liakat Ali Chowdhury, Risk Management Committee Chairman, Mahbubul Alam, Board Audit Committee Chairman, Abdul Malek Mollah, Hafez Md. Enayetullah, Ahamedul Hoque, Engr. Kh. Mesbah Uddin Ahmed, Md. Anowar Hossain, Nasir Uddin, Md. Rafiqul Islam, Anowar Hossain, Mahbub Ahmed, Md. Abdul Hamid Miah, directors, Farman R. Chowdhury, Managing Director and CEO and a large number of shareholders were present. The bank achieved growth of 16.40% in deposit and 20.51% in investment during the year 2022 compared to 2021. Earning Per Share (EPS) of the bank stood at Tk. 1.90 in 2022.