The Bangladesh Securities and Exchange Commission (BSEC) has granted approval for stock dividends declared by Global Islami Bank, NRB Commercial Bank, and AB Bank. Global Islami Bank stated that the BSEC has approved their declaration of a 5% stock dividend for the year ending December 31, 2022. This follows their earlier announcement on April 30 regarding the dividend declaration. The record date for entitlement to the stock dividend remains unchanged and is set for May 30, 2023.
Similarly, NRB Commercial Bank has received consent from the BSEC for their declaration of a 4.5% stock dividend for the year ending December 31, 2022. The bank confirmed that the previously announced record date for entitlement to the stock dividend on May 25, 2023, will remain unchanged. AB Bank has also obtained approval from the BSEC for their declaration of a 2% stock dividend for the year ending December 31, 2022.
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