Shimanto Bank approves stock dividend

Shimanto Bank shareholders approved stock dividend at its 7th annual general meeting at Pilkhana in Dhaka last Thursday.  

The meeting also approved director's and auditor's reports and a proposal for changing the registered name of the bank to "Shimanto Bank PLC". It also elected directors and appointed an auditor, says a press release.

Maj Gen AKM Nazmul Hasan, the bank's chairman and director general of Border Guard Bangladesh, presided over the meeting which was moderated by Company Secretary Hossain Suman and where Rafiqul Islam, the bank's managing director and CEO, was present.