Regulatory Alerts2026-03-15
SPCD Circular No. 05: Dividend Declaration Policy for Banks
Bangladesh Bank has issued SPCD Circular No. 05 to amend the Bank Licensing Guidelines, Capital Adequacy Requirements, and Company Secretary appointment rules in alignment with the revised Dividend Declaration Policy No. 07 and Basel III implementation. The circular mandates all commercial banks to adopt the newly approved 'Dividend-K' framework for dividend distribution and regulatory compliance. It formally withdraws the Board of Directors' prior approval dated 13 June 2025, thereby establishing the updated policy as the sole governing directive.
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