Islami Bank to raise authorised capital
Islami Bank Bangladesh Limited (IBBL) has decided to raise its authorised capital from Tk 3,000 million to Tk 5,000 million. This decision is subject to the approval from Bangladesh Bank, Securities and Exchange Commission and shareholders, says a press release. The decision was taken at a meeting of the Board of Directors of the bank held in Dhaka on Sunday. Nazir Ahmed, chairman of the bank, presided over the meeting. The meeting also evaluated the performance of the bank.
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