Nineteen banks failed to pay any dividend to shareholders for 2024. While seven posted losses, the remaining 12 reported profits but were barred from dividend payouts due to inadequate capital and deferred provisioning for bad loans.
Despite repeated appeals from bank directors and top executives over the past month, the central bank held firm.
The companies declared dividends last year, but failed to hand over those
Nineteen banks failed to pay any dividend to shareholders for 2024. While seven posted losses, the remaining 12 reported profits but were barred from dividend payouts due to inadequate capital and deferred provisioning for bad loans.
Despite repeated appeals from bank directors and top executives over the past month, the central bank held firm.
The companies declared dividends last year, but failed to hand over those
