Bangladesh’s banks asked to e-transfer dividends

Last updated: April 14, 2011

Dhaka, Bangladesh (BBN) - The central bank of Bangladesh has asked all commercial banks and other financial institutions to give dividends to shareholders through the newly-introduced electronic fund transfer network.

Bangladesh Bank (BB), the country’s central bank, put in place the e-fund transfer system on February 28 this year. The system makes it easy to transfer cash to client accounts, officials said.

BBN/SSR/AD-14Apr11-3:52 pm (BST) 

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