Tunisia: Central Bank asks banks to suspend dividend distribution for FY2019

Tunisia: Central Bank asks banks to suspend dividend distribution for FY2019

Tunisia: Central Bank asks banks to suspend dividend distribution for FY2019

The Central Bank of Tunisia (BCT) on 1 April 2020, asked banks and financial institutions operating in the country to suspend the distribution of dividends for the fiscal year 2019. The banking sector regulator also asked them to refrain from carrying out any operation to buy back their shares.

For more information, please see https://www.ecofinagency.com/finance/0304-41207-tunisia-central-bank-asks-banks-to-suspend-dividend-distribution-for-fy2019

Leave a Reply

Your email address will not be published. Required fields are marked *

We take processes apart, rethink, rebuild, and deliver them back working smarter than ever before.