SIBL, Southeast Bank get nod to declare stock dividends

Social Islami Bank Ltd and Southeast Bank Ltd have received permissions from the Bangladesh Securities and Exchange Commission (BSEC) to declare stock dividends for the financial year that ended on December 31, 2022.

In a filing on the Dhaka Stock Exchange today, SIBL said the BSEC has accorded its consent for their declaration of a 5 per cent stock dividend for the year.

In another post, Southeast Bank said it has received nod from the commission to award a 4 per cent stock dividend for 2022.