Islami Bank recommends 20pc stock dividend
Islami Bank Bangladesh Ltd has recommended a 20 percent stock dividend for its shareholders for the year 2004.The recommendation came at a meeting of the Board of Directors of the bank held yesterday in Dhaka. Chairman of the bank Nazir Ahmed presided over the meeting, says a press release. The dividend is likely to be approved at the 22nd annual general meeting of the bank scheduled for September 16, 2005.
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