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KM Financial Solutions | UPDATE 1-South Africa’s central bank asks lenders to scrap dividends amid virus
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UPDATE 1-South Africa’s central bank asks lenders to scrap dividends amid virus

05 Apr UPDATE 1-South Africa’s central bank asks lenders to scrap dividends amid virus

Posted at 19:24h in News by
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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.

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