UPDATE 1-South Africa’s central bank asks lenders to scrap dividends amid virus
South Africa’s central
bank said on Monday it was advising banks not to distribute
dividends and put bonuses for senior executives on hold, joining
its peers around the world in asking lenders to cancel
shareholder returns amid the coronavirus outbreak.
bank said on Monday it was advising banks not to distribute
dividends and put bonuses for senior executives on hold, joining
its peers around the world in asking lenders to cancel
shareholder returns amid the coronavirus outbreak.
Posted by Reuters
