ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter

Thai banks cautiously revive dividends after COVID freeze

Central bank guidelines and lower profits limit returns to shareholders

The combined net profit of Thailand's four major banks in 2020 fell 37% from the previous year to 90.6 billion baht, the lowest in a decade.   © Reuters

BANGKOK -- Large commercial banks in Thailand have decided to distribute final dividends for 2020 in a cautious manner, after declining interim dividends to brace for a financial crunch from the COVID-19 pandemic.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more