The board of directors of Shimanto Bank has approved 4 percent stock dividend for the year 2019.
The decision came from the bank's 4th annual general meeting (AGM) which held through a virtual platform on Monday, said a media statement.
Director General of Border Guard Bangladesh and Chairman of the bank Major General Md Shafeenul Islam presided over the meeting.
In the meeting, the director's report and auditor's report got approved. Besides, the meeting also elected directors and appointed auditor for the bank.
In his welcome speech, Shafeenul Islam mentioned that due to the outbreak of novel coronavirus they had to think about business models of different sectors.
Muklesur Rahman, the bank's managing director stated that launching in 2016, the Shimanto Bank has already started all sort of banking services including remittance services, export and import business.
"We are improving the channels for convenience of the clients. From the very beginning we were prompt to digital channels for convenience of the customers. Our customers are getting services during this pandemic and lockdown situation staying at home through using our digital channels," he added.