City Bank's 35th Annual General Meeting (AGM) Held

City Bank's 35th Annual General Meeting (AGM) Held

The 35 th Annual General Meeting (AGM) of City Bank was held on Thursday, June 28, 2018 at Kurmitola Golf Club, Dhaka. Mohammed Shoeb, Chairman of the Bank, presided over the meeting. Also present at the AGM were Vice Chairperson, Tabassum Kaiser and Directors: Deen Mohammad, Aziz Al Kaiser, Rubel Aziz, Hossain Khaled, Hossain Mehmood, Rajibul Huq Chowdhury, Savera H. Mahmood and Managing Director & CEO Sohail R. K. Hussain. A large number of shareholders and the Bank's senior officials also attended the AGM. In his welcome speech, Mohammed Shoeb mentioned that despite the challenges the banking industry is facing, City Bank has strongly held its position as one of the most profitable banks in Bangladesh in 2017 and achieved many business successes and recognitions. The shareholders unanimously approved 19% cash dividend and 5% stock dividend as recommended by the Board of Directors.