AGM of Jyoti Bikash Bank on Oct 15

September 25: Jyoti Bikash Bank is organizing its 11^th annual general meeting (AGM) on October 15.

The AGM will approve the bank’s proposal of distributing dividend of 8.4 percent from its last year’s profit.

The meeting will also discuss on the agendas like financial report of last fiscal year, acquisition of Hamro Bikas Bank Limited with 1:1 swap ratio and maintaining the share ownership of founding members to 51 percent. The founding members of Jyoti Bikash Bank currently have a share ownership of 60.45 percent.

The bank has decided to close the books on October 1 ahead of the AGM and the share holders are requested to record their dividend claim until September 30.