The New Nation - Internet Edition

NATION BUSINESS REPORT

The 84th meeting of the Board of Directors of Dutch-Bangla Bank Limited was held at the bank's Board Room, Head Office, Dhaka on November 9 last.

Abul Hasnat Md Rashidul Islam, Chairman of the Board of Directors presided over the meeting.

Directors including Professor Dr Syed Fakhrul Ameen and Chowdhury M Ashraf Hossain, both from the depositors' group and Professor Dr Irshad Kamal Khan, Independent Director were present at the meeting.

The Board, among others, approved increase of authorized capital of the bank from Tk 1,000 million to Tk 4,000 million subject to approval of Bangladesh Bank and to carry out Merchant Banking Business as a full-fledged Merchant Banker subject to obtaining the Merchant Banker Certificate from the Securities and Exchange Commission (SEC).