Bangladesh, Sept. 11 -- Pubali Bank is set to double its authorised capital to Tk 40 billion, creating room to raise its paid-up capital in compliance with the Bangladesh Bank's revised dividend policy.

Advertisement In a circular issued in May this year, the central bank said banks with paid-up capital below Tk 20 billion would not be allowed to declare cash dividends from December 2026.

Under the revised requirement, profitability alone will no longer be sufficient for a bank to declare cash dividends. The framework also limits cash dividend payouts, allowing even eligible banks to pay a maximum of 50 per cent of their declared dividends in cash.

The changes are aimed at encouraging banks to retain more earnings and build stronger c...