SIBL declares 20% cash dividend

The recommendation was made at the SIBL’s 387th board meeting held on Monday. Reviewing the financial statements of the last year, the board recommended 20% cash dividend for the year ended on December 31, 2016, said a statement of the bank. SIBL Chairman Major ((retd) Dr Md Rezaul Haque presided over the meeting attended by directors, managing director and other senior executives. For the year 2015, the board recommended 15% cash dividend and 5% stock dividend for share holders.