Islami Bank Bangladesh Limited (IBBL) has declared 15 per cent cash dividend for its shareholders for the year that ended on December 31, 2014 subject to approval of the bank's 32nd annual general meeting (AGM).
The declaration came at a board meeting of the bank at its head office in the city on Saturday with IBBL Acting Chairman Engineer Mustafa Anwar in the chair, said a press release.
Local and foreign directors of the board along with the bank's Managing Director Mohammad Abdul Mannan took part in the meeting.
The meeting approved the profit and loss account and balance sheet for the year that ended on December 31, 2014.
The board also decided to hold the bank's 32nd AGM on June 13, 2015. The record date for dividend has been fixed on April 16, 2015.
They expressed their satisfaction while evaluating the performance of the bank over the success and progress achieved so far and took some important business decisions in the meeting.