Ten listed banks declare dividend payments

Ten listed banks declare dividend payments

In line with central bank’s requirement

A total of 10 SET-listed commercial banks have announced dividend payments for 2020 under the Bank of Thailand’s guided dividend payment policy to maintain a solid capital buffer for the commercial banking industry.

Tisco Financial Group, the holding company that operates Tisco Bank, is reportedly paying a dividend of 6.30 baht per share, which is considered to be the highest among commercial banking industry peers in Thailand.

Bangkok Bank and Kasikornbank have reportedly announced a dividend payment of 2.50 baht a share.

Siam Commercial Bank (SCB), the country’s fourth largest commercial lender by total assets, has announced dividend payments for 2020 at 2.30 baht per share, while Kiatnakin Phatra Bank has decided to pay a…