Trust Bank Limited's 9th annual general meeting and 'Shareholders Day' were held yesterday where the board of directors declared 10 percent bonus share and issued 20 percent rights share for the year 2007, says a press release.
The bank also created special reserve fund, maximum 10 percent from the bank's income, for social welfare purposes.
In 2007, the bank's deposit increased by 43 percent, loan rose 42 percent while operating profit increased 56 percent.
Chairman of the bank and Chief of Army Staff General Moeen U Ahmed presided over the AGM. Iqbal U. Ahmed, managing director of the bank, directors and shareholders were also present.