Delays in the regulatory approval process have left 18 banks, accounting for half of all stock market-listed banks, unable to finalise their annual financial reports. Thus board recommendations for dividend declarations remain pending, creating uncertainty for investors.According to officials from Bangladesh Bank and the Ministry of Finance, the ministry has already given its necessary consent on the matter. Referring to that precedent, we have informed Bangladesh Bank, and upon their request, the ministry extended the deadline for dividend declarations to end May. "Arif Hossain Khan, executive director and spokesperson of Bangladesh Bank, said: "The ministry has granted approval. "As a result, the deadline for submitting audited annual reports of scheduled banks to Bangladesh Bank has been extended to May 31, 2025.

Source: bd News24 May 14, 2025 16:04 UTC