Bangladesh Bank (BB) has relaxed operational process for outward remittances of dividend to encourage foreign nationals to investment more in Bangladesh.
Under the relaxations, authorised dealer (AD) banks are now allowed to remit dividend to non-resident shareholders abroad against their investments in Bangladesh without post facto checking of the Bangladesh Bank (BB).
The banks need to observe usual procedure for such dividend and preserve dividend files for eventual inspections by the central bank or other regulatory agencies, according to a notification, issued by the BB, on Tuesday.