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.
Finance
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
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