Islami Bank Capital Management Limited (IBCML), a subsidiary of Islami Bank Bangladesh Limited (IBBL), recently held its 12th annual general meeting (AGM) on an online platform.
The meeting approved a 7 percent cash dividend for shareholders and the financial statements of the company for the year ended on December 31 last year.
Professor Md Kamal Uddin, director of IBBL and chairman of the board of directors of IBCML, presided over the meeting.
IBCML started its merchant banking operations in 2019 after getting a licence from the Bangladesh Securities and Exchange Commission.
Source: United News of Bangladesh