BB makes banks’ dividend payments conditional The central bank on Monday suspended the payment of cash dividends by the banks until September 30 this year, officials say. Even the banks, which have already declared their dividends for 2019, will have to revise it if it clashes with the new step.
Read MoreGovt to fulfill vacancies of top officials at BSEC The government will fulfill the vacancies of the top officials at the securities regulator timely to avoid disruptions in the operations of regulatory affairs. A top official of the financial institutions division (FID) of the ministry of finance (MoF) said this
Read MoreMotorcycle manufacturers seek financial support worth Tk 20.6b Two associations of motorcycle assemblers and manufacturers have sought a financial support worth Tk 20.6 billion from the government to help protect the motorcycle industry. They have sought the support from the fund worth Tk 777.50 billion recently announced by the government
Read MoreDSE, CSE to remain shut until May 16 The country’s two bourses will stay closed until May 16 as the government further extended the ongoing holidays to flatten the spread of deadly coronavirus. The government has further extended the ongoing shutdown until May 16 as the death toll from Covid-19
Read MoreADB likely to endorse $500m budgetary aid The Asian Development Bank (ADB) board is likely to approve US$500 million worth of credit support for Bangladesh on Thursday (May 7) to help the latter meet its budget deficit during the current financial year (FY), officials said on Monday. Following the approval,
Read More