National Bank Ltd. has recently held it’s 38th Annual General Meeting (AGM) through virtual platform for the second time, said a press release.
To ensure social distancing due to COVID-19 pandemics and to reduce the risk of spread of the disease, the shareholders and directors virtually attended the meeting.
Monowara Sikder, Chairman of National Bank Ltd. presided over of the meeting.
At the AGM, the Bank’s Chairman paid tribute to the Father of the Nation Bangabandhu Sheikh Mujibur Rahman and the martyrs of the liberation war. She also paid homage to Zainul Haque Sikder, valiant freedom fighter and former Chairman of National Bank Ltd.
She addressed the shareholders about the high dividend payout in the last couple of years. Even after the adverse consequences of COVID-19 pandemics in the year 2020 the bank also managed to propose 5% stock dividend.
The National Bank Chairman expressed her firm commitment to make the banking activities more vigorous by ensuring result-oriented inputs and dedication from all employees to attain maximum growth and to pay out more dividends in the days ahead.
Director and Executive Committee (EC) Chairperson Parveen Haque Sikder – MP, Director Al-Haj Khalilur Rahman, Director Moajjem Hossain, and Director Ron Haque Sikder, were present along with the independent directors of the bank.
As many as 300 shareholders along with Managing Director and CEO Md. Mehmood Hossain, and DMDs of the bank, joined the meeting. Auditor’s representatives were also present.
The AGM unanimously approved Stock dividend of 5% based on audited financial statements for the year ended 2020.