Home Business CBK relaxes Covid curbs on banks’ dividend pay

CBK relaxes Covid curbs on banks’ dividend pay

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Business Daily | by Elizabeth Kivuva


The Central Bank of Kenya (CBK) has loosened restrictions on dividend payments by commercial lenders as the country recovers from the Covid-19 economic fallout.

Multiple bank executives reckon that the banking regulator has dropped its tough stance on dividends, freeing lenders to resume payouts to shareholders…

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