The 10th Annual General Meeting (AGM) of South Bangla Agriculture and Commerce (SBAC) Bank Limited took place virtually on Sunday, June 18, 2023. The meeting was presided over by Abdul Kadir Molla, the Chairman of SBAC Bank. The Bank's Managing Director and CEO, Habibur Rahman, was in attendance. The proceedings of the meeting were managed by Md. Mokaddess Ali FCA, the Bank's company secretary.

Other attendees included Vice Chairman Mohammed Ayub, Directors Abu Zafar Mohammod Shofiuddin (Shamim), Engr. Md. Moklesur Rahman, Hafizur Rahman Babu, Anwar Hussain, Mohammad Nawaz, Mst. Nasima Begum, Sk. Shyedujjaman, Mohammad Nazmul Huq, Muhammad Helal Uddin, Mohammad Mahbubor Rahman, and Md. Emdadul Hoque. Independent Directors present were Md. Sajidur Rahman, Professor Mohammad Moqbul Hossain Bhuiyan, and Ziaur Rahman Zia, FCA.

The AGM concluded with the approval of a 3.5 percent cash dividend for the year ending December 31, 2022.