Equity Bank, which has restructured Sh92 billion or 25.1 percent of its loan book due to the pandemic’s decided to recall proposed dividend payout of Sh2.50 per share or a total of Sh9.4 billion to conserve cash as the coronavirus bites.
The banking sector remains stable, it said, adding that fiscal stimulus measures unveiled by the government would kick in strongly in the financial year starting in July.
Customers must remember that the Bank will never ask for their BVN, full card PAN, PIN, mobile app activation code, OTP or password as it is readily available to the Bank via its database.
Albert Saltson, StanChart’s managing director, said it took “significant steps” to reshape its business by implementing “refreshed strategic priorities.”
The main aim of the Covid-19 Rapid Response Facility, established by the Mauritian Government, is to support the national response fighting the ongoing outbreak