The central bank has now allowed the listed banks to disburse cash dividend for 2019 to individual investors (local and foreign) within September 30.
The Bangladesh Bank (BB) issued a circular to this end on Sunday considering the 'interest' of general investors during this time of coronavirus crisis.
"The cash dividend declared for 2019 can be disbursed to only individual investors (local and foreign) within September 30 subject to fulfilment of other rules and regulations," said the BB circular.
However, the banks cannot disburse the cash dividend to the institutional investors and sponsor-directors, according to the circular.
On May 11, the central bank had issued a circular imposing restrictions on the disbursement of cash dividends until September 30.
But following a plea made by the Bangladesh Securities and Exchange Commission (BSEC), the BB has revised its decision, allowing the disbursement of cash dividend.
At a meeting on June 1, BB governor Fazle Kabir assured the securities regulator of considering the interest of small investors.
