Shimanto Bank has approved a 3 per cent stock dividend for its shareholders.
The board of directors took the decision at the bank’s 5th annual general meeting (AGM) that was held virtually on Monday.
Dividend Director’s Report, Auditor’s Report were approved, directors were elected and the auditor was appointed in the AGM.
Director General of Border Guard Bangladesh and Chairman of the Bank Major General Md Shafeenul Islam, BGBM (BAR), ndc, psc presided over the meeting.
Besides, Bay Leasing and Investment, the non-banking financial institution, has recommended a 10 per cent cash dividend for its shareholders for 2020. The board of directors of the company made the decision at a meeting on Tuesday.
The decision will be approved at the annual general meeting (AGM) of Bay Leasing has been scheduled for 4 November.