Regulation, Risk & Compliance
Uncategorized
Central Bank halts cash dividends at banks in anticipation of continued pandemic
Banks operating in the local market will not be obliged to make cash dividends from the year’s profits, or retained earnings that are distributable to shareholders, according to the Central Bank of Egypt. In a letter to banks posted on its website, the CBE clarified that the measure aims to…
Continue Reading
Subscribe to unlock the full article and access premium financial content.
Click here to read the full story: Daily News Egypt