Board of Directors Secretariat
Secretary Board Directors
Invitation to the Thirty-Seventh Annual Shareholders’ Meeting
(Ordinary Meeting)
Based on Articles (28) and (30) of the Bank’s Articles of Association and Bylaws, the Board of Directors of the Nile Bank for Trade and Development is pleased to invite its esteemed shareholders to attend the Bank’s Ordinary Annual Shareholders’ Meeting No. (37), scheduled to be held, God willing, at 6:00 PM on Shawwal 26, 1446 AH, corresponding to April 24, 2025 AD, in the Martyr Mohamed Taher Musa Hall – General Intelligence Service Building – Port Sudan.
First: Agenda:
Hearing the Board of Directors’ report on the Bank’s activities during 2023 AD.
Hearing the Auditor General’s report on the financial statements for the fiscal year ending December 31, 2023 AD.
Hearing the Sharia Supervisory Board’s report for the fiscal year ending December 31, 2023.
Hearing the Legal Advisor’s report for 2023.
Approving the reports of the Board of Directors, the General Auditor, the Sharia Supervisory Board, and the Legal Advisor on the financial statements for the year ending December 31, 2023.
Authorizing the Board of Directors to appoint the Sharia Supervisory Board and determine their remuneration.
Authorizing the Board of Directors to appoint the external auditor for 2025.
Approving the remuneration of the Board of Directors for 2023.
Electing the Board of Directors for the new term (2025-2028).
Any other matters that may be discussed at the General Meeting, in accordance with the provisions of the Bank’s Articles of Association and Bylaws.
Second: Shareholders are requested to note the following:
Shareholders who wish to appoint a representative to attend the meeting must complete the relevant proxy procedures. The proxy must be submitted to the Board Secretary at least 48 hours prior to the meeting. The representative does not have to be a shareholder of the bank, and one person is not permitted to represent more than one shareholder.
Companies, institutions, and joint-stock cooperatives registered under the Companies Law of 2015 may authorize a representative to attend the meeting in writing.
Shareholders wishing to attend the meeting should come to the Nile Bank building, Port Sudan Branch, Osman Digna Street, West Comboni, to receive the Board of Directors’ report on the 36th Annual Shareholders’ Meeting, at least 24 hours prior to the meeting.
Shareholders who are unable to obtain a paper copy of the Board of Directors’ report submitted to the shareholders’ meeting can contact the bank’s call center on hotline 3838 to obtain an electronic copy via email or WhatsApp after verifying their information. They can also send an email containing the shareholder’s name and mobile number to Nile WhatsApp number 0933003838.
Shareholders and authorized representatives are requested to arrive well in advance of the scheduled meeting time to complete entry procedures. They are requested to present proof of identity to complete the entry procedures for the meeting.
This announcement constitutes an invitation to all shareholders of the bank to attend the general meeting.
Please accept my sincere thanks and appreciation.
Awad Mohamed Ahmed Saeed
Secretary of the Board of Directors