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Star Business Desk

Jowher Rizvi, chairman of Alliance Finance PLC, presides over the financial institution’s annual general meeting, held recently in Gulshan, Dhaka. The meeting approved a 7.50 percent cash dividend for 2025. Photo: Alliance Finance

Alliance Finance PLC (AFPLC), a joint venture between People’s Leasing and Finance PLC of Sri Lanka and reputed business conglomerates and individual investors from Bangladesh, has approved a 7.50 percent cash dividend for the year that ended on December 31, 2025.The approval was given at the non-bank financial institution’s annual general meeting (AGM), held recently at its head office in Gulshan, Dhaka.Jowher Rizvi, chairman of the finance company, presided over the meeting, according to a press release.Most local shareholders attended the AGM in person, while foreign shareholders participated virtually.Shareholders approved various agenda items placed before the meeting.