Stop the bank’s dividend announcement – bdnews24.com



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In the capital market
Listed banks are as good as business in 2019
Whatever happens, shareholders
They are more than 15 percent
You cannot pay cash dividends.

AND
This is 15 percent in cash
15 percent bonus with langs
(Stock) more than 30 percent of the total adding dividends
No bank can pay dividends.

AND
The declared cash dividend is before September 30 of this year.
Instructions not to give to shareholders
Given in a central bank circular on Monday.

Than
The guidelines establish some steps to maximize dividends based on different conditions. No bank exceeds this limit
I cannot pay dividends.

Already
Banks that have declared dividends have a higher dividend rate if they exceed this limit
If so, suspend it
He asked to correct.

Everybody
The circular sent to the bank’s executive directors said: “This is the Kovid-19 epidemic.
To cope with the pressures on the banking sector as a whole during the crisis, banks must be able to make an adequate contribution to the country’s economy in the current situation.
Leaving capital unallocated (practically without dividends)
Maintaining adequate liquidity through strengthening is essential. And this matter
This instruction is given for the good of the banks.
It is done “.

This decision
Welcome to Dhaka Stock
Director of Exchange (DSE) DSE Brokerage Association of Bangladesh
(DBA)
Former President Shakil
Rizvi told bdnews24.com that cash dividends should not be used to weaken banks.
The central bank has given instructions.

“Own
Taking into account that in the short term the shareholders are affected, but in the long term both the bank and the shareholders are affected.
It will be beneficial. “

The
He said that banks pay dividends every year.
More than 80 percent
Get entrepreneurial managers. 25 to 30
Ordinary shareholders obtain the percentage.

DBA
Another former president, Ahmed Rashid Lali, said: “In the current difficult situation
I think it would be a good decision to discourage banks from distributing dividends. However, ordinary shareholders will earn less dividends at the moment. However
The future will be good for the stock market. “

The
He said banks are fine last year
Benefits If you pay good dividends in cash, that money will come out and the cash flow of the banks will decrease.

“In that
They will not be able to help revive the economy. They cannot do good business by themselves. Profits will decrease in the coming years.

“She is fine
Considering that shareholders received slightly less dividends this time
The system will surely receive consistent dividends in the coming years.
The central bank has decided to do it. “

From the bank
Taking into account the general financial viability and the return of investors on the bank’s shares, the central bank has asked that the following policy be followed when paying dividends against the bank’s shares for the year ended 2019.

>> Provision
Not subject to the prior deferral facility received from the Bank of Bangladesh to cover other expenses, including reserves or
Banks with 2.5% capital for 2019 without any differential benefit
Minimum 12.50% or with preservation buffer
Able to save more capital, he is all banks
They will be able to declare a total dividend of 30% with a maximum of 15% in cash according to their capacity.

>> Provision
Not subject to the prior deferral facility received from the Bank of Bangladesh to cover other expenses, including reserves or
Banks with capital conservation buffer of a minimum of 11.25% for 2019 without taking advantage of any differential benefits
12.50% or more
Capable of saving capital, those banks with the approval of the Bank of Bangladesh with a maximum of 7.5% in cash according to their capacity
You can declare a total dividend of 15%.

However,
In both cases, the declared cash dividend is before September 30 of this year.
It cannot be distributed to shareholders.

>> Provision
Differential benefits already taken from the Bangladesh Bank to cover other expenses, including conservation
Or not below
Any differential installation for 2019
All those banks if they are fully adjusted
Minimum 11.25% or with capital conservation buffer
More than that, those banks with the approval of Bangladesh Bank with a maximum of 5% in total cash
You can declare 10% dividend.

>> Provision
Not subject to the prior deferral facility received from the Bank of Bangladesh to cover other expenses, including reserves or
If any deferral facility for 2019 fully fits all banks
Minimum 11.25% with capital conservation buffer
Low, but the minimum reserve capital will be 10%, those banks with the approval of the maximum 5% dividend of the Bank of Bangladesh
To be able to announce.

>> right
The dividend rate of banks that have declared dividends for 2019, if all these guidelines
If it is not compatible with
Need to suspend and correct.



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