Regulatory Alerts2020-06-07
Added · Updated
DOS Circular Letter No. 19: Dividend Policy for Banks for the Year 2019
The Department of Off-Site Supervision of the Bangladesh Bank directs all scheduled banks operating in Bangladesh to distribute cash dividends declared for the 2019 fiscal year to individual investors (local and foreign) by September 30, 2020, provided that relevant circulars and laws are complied with. This directive supersedes previous instructions that prohibited such distribution before this date, aiming to protect the interests of general investors in the capital market. The order was issued with the approval of the competent authority.
More like this from BB
BB published 33 documents in the last 30 days. We email you each new one the day it's published.
Topics
Share