AB Bank, NRBC Bank get nod to declare stock dividends

AB Bank Ltd and NRB Commercial Bank Limited have received permission from the Bangladesh Securities and Exchange Commission (BSEC) to declare dividends for the financial year that ended on December 31, 2022.

In a filing on the Dhaka Stock Exchange today, AB Bank said it has received permission from the regulator to declare a 2 per cent stock dividend for the year.

In another filing, NRBC Bank said the BSEC has accorded its consent for its declaration of a 4.5 per cent stock dividend for 2022.