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MAS calls on banks to cap dividends for FY20 to 60% of FY19

Lim Hui Jie
Lim Hui Jie • 3 min read
MAS calls on banks to cap dividends for FY20 to 60% of FY19
Shareholders of locally-incorporated banks headquartered in Singapore will receive lower dividends this year, after MAS called on banks to cap FY20 dividends to 60% of FY19 dividends.
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