Islami Bank Bangladesh PLC, a banking company listed in the
banking sector of the stock market, has decided to increase its authorized
capital from Tk 2,000 crore to Tk 10,000 crore. The bank’s board of directors
has taken the initiative to amend its Memorandum and Articles of Association to
this end. However, the proposal requires approval from Bangladesh Bank and
other relevant regulatory authorities as well as consent from shareholders before
it can be implemented.
The decision was mad...
