December 13, 2020 || SIBL Held the 9th Extraordinary General Meeting (EGM)
9th Extraordinary General Meeting (EGM) of Social Islami Bank Ltd. was held on 13 December 2020 through digital platform. Professor Md. Anwarul Azim Arif, Chairman of the Bank, presided over the program in participation of the shareholders. In the meeting, it has been approved to increase authorized capital to Tk.3,000.00 Crore (Three Thousand Crore) from Tk.1,000.00 Crore ( One Thousand Crore) and to convert SIBL Mudaraba Perpetual Bond of Tk.500.00 Crore (Five Hundred Crore) into common shares as per Bangladesh Bank instructions. The members of the Board of Directors attended the meeting. Mr. Quazi Osman Ali, MD & CEO, and Mr. Abdul Hannan Khan, Company Secretary, were present in the meeting. Deputy Managing Directors and senior executives of the Bank were also present on the occasion.
Professor Md. Anwarul Azim Arif, Chairman of the Bank, expressed sincere gratitude to Bangladesh bank, Bangladesh Securities & Exchange Commission, Dhaka Stock Exchange, Chattogram Stock Exchange, Shareholders, Stakeholders and other regulatory bodies for their right direction, cooperation, and trust. Mr. Quazi Osman Ali, MD & CEO, cited that with the judicious guidelines of the Board of Directors of SIBL is moving forward and he hoped that this positive trend will continue in future.