Result of the Annual General Assembly Meeting No.(14) of Alsalam Bank-Sudan



 

Subject: Result of the Annual General Assembly Meeting No.(14) of Alsalam Bank – Sudan

Held on Monday 14 /05/201 8

 

We would like to inform you that the Alsalam Bank – Sudan held his Annual General Assembly Meeting No. (14) On Monday 14 th May 2018 at 12:00pm, the agenda items were discussed, and the Annual General Assembly Meeting approved The following resolutions:-

1- Approval the Board of Directors' report on the work of the Bank for the year 2017

 2- Approval the Shari'a Supervisory Board report for the financial year ended 31/12/2017.

3- Approval the External Auditors’ report and Audited Financial Statements for the year ended 31 December 2017 .

4- Approval the Bank's Legal Advisor report for the year 2017.

5-Approval for non-distribution of dividends and transfer the profits of the financial year ended 31 December 2017 and retained earnings to General Reserve Account according to recommendation of the Board of Directors.

6- Approval of the remuneration of the members of the Board of Directors and their discharge from the management of the Bank for the financial year ended 31/12/2017.

7- Delegation the Board of Directors to appoint the External Auditor of the Bank for the year 2018 and determine their fees .