• Wed. Jun 16th, 2021

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Licensed Banks to decide on cash dividend payments After Completing 2020 Financial Statements Audit

The Central Bank (CB) says that licensed banks could pay cash dividends and licensed foreign banks could repatriate profits following the completion of the audit of their financial statements for…

Central Bank orders banks to delay dividend payments

The Central Bank (CB) ordered the local banks to differ cash dividend payments and foreign banks to differ profit repatriation until their 2020 accounts have been audited. “Every licensed commercial…