Flash Report /
Sri Lanka

Sri Lanka: Banks – Cash dividends to be allowed post finalising of accounts

  • The CBSL guided banks to defer cash dividend payments until the CY20 accounts are audited and finalised

  • The current circular replaced the previous guidelines issued in May 2020

  • Capitalisation levels the key factor determining the cash dividend payments

Kavinda Perera
Kavinda Perera

Head of Research

Asia Securities
20 January 2021
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