In an effort to comply with the new cash dividend regulations set by the Bangladesh Bank, Dutch-Bangla Bank has announced plans to raise its authorised capital to Tk3,500 crore. According to a report by TBS Bangladesh, this strategic move is aimed at meeting the central bank's updated threshold requirements.
Economy
Dutch-Bangla Bank to raise capital to Tk3,500cr for dividend compliance
Dutch-Bangla Bank intends to increase its authorised capital to Tk3,500 crore to align with the latest Bangladesh Bank regulations regarding cash dividends.
Source: TBS Bangladesh