BB allows bonus for special performance in banks

Date:

Post View:

BB allows bonus for special performance in banks

B Mirror Report: Bangladesh Bank (BB) has permitted scheduled banks to provide an incentive bonus of up to one month’s basic salary to officers and employees for special achievements, even if some previously set conditions are not fully fulfilled.

The central bank issued the directive on Monday, with the aim of increasing employee motivation and promoting a more competitive working environment in the banking sector.

The new instruction has been issued as a supplement to the earlier guidelines under BRPD Circular No-12, dated December 9, 2025, while all other provisions of the previous circular will remain unchanged.

As per the directive, banks will be eligible to award the incentive bonus only if three key conditions are met.

First, the concerned bank must have generated operating profit during the financial year under review.

Second, its regulatory capital must not have decreased compared to the previous year. However, any decline resulting from deferred provisions previously approved by Bangladesh Bank will not be considered a reduction.

Third, the bank must not have applied for any new provision deferral facility from the central bank.

The directive came into immediate effect, allowing bank boards to recognize outstanding employee performance while ensuring financial discipline and maintaining adequate provisioning standards across the banking sector.

 

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

spot_img

Popular

More like this
Related

Permanent embankment announced for Jamuna erosion in Tangail

Tangail, Correspondent: Water Resources Minister Shahid Uddin Chowdhury Annie...

Spice market sees Surge in business ahead of Eid-ul-Azha

Bangladesh’s spice market has witnessed a sharp rise in...

Leather industry urges urgent policy support amid deepening crisis

Leaders and experts in Bangladesh’s leather sector have called...

Midland Bank gets approval to Issue Tk 19.76 cr shares

B Mirror Report: Listed lender Midland Bank has received...