Three banks in Bangladesh, namely One Bank, Social Islami Bank, and South East Bank Limited have received approval from the Bangladesh Securities and Exchange Commission (BSEC) for their stock dividend declarations. One Bank has been granted consent for a 5% stock dividend for the year ending December 31, 2022. Social Islami Bank has received approval for a 5% equity dividend for the same period, following its earlier dividend declaration. South East Bank has been granted permission to issue a 4% equity dividend for the fiscal year ending December 31, 2022, after announcing its dividend declaration earlier. The record dates for share entitlements of all three banks will remain unchanged. This approval by the BSEC allows the banks to proceed with their dividend distributions, providing relevant updates to shareholders.
BSEC Grants Approval to Three Banks for Issuing Dividends
- Published On May 27, 2023
- 2:18 pm
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Industry: Bank, Financial
Company: One Bank Limited, SOCIAL ISLAMI BANK LTD (SIBL), Southeast Bank Limited.
Company Intelligence Tag: Business Insights
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