Ibn Sina leaves Islami Bank
Entrepreneur organization Ibn Sina has left Islami Bank at last. According to their earlier declaration they have sold out all the shares of Islami Bank left in their hands.
Dhaka Stock Exchange (DSE) sources said this on Thursday.
Last year the foreign entrepreneurs gave up their shares centering ownership change of the bank and following it now Ibn Sina Trust has sold out their shares.
DSE said, Ibn Sina Trust has sold out 3 crore 60 lakh 77 thousand 391 shares of Islami Bank.
Last week the company declared to sell the shares at the available market price within 30 working days. But the process was done within one week.
It was known that the shares of Islami Bank that Ibn Sina had were more than two percent of the total shares.
Recently a major change has come in the management of the biggest private sector bank of the country. Professor Md. Nazmul Hasan was appointed as the Chairman of Islami Bank following resignation of its former Chairman former secretary Arastu Khan.