A cyclist rides past the headquarters and head office of the People's Bank of China (PBOC) in Beijing on 16 April 2015. Photo: Imaginechina A cyclist rides past the headquarters and head office of the People's Bank of China (PBOC) in Beijing on 16 April 2015. Photo: Imaginechina
A cyclist rides past the headquarters and head office of the People's Bank of China (PBOC) in Beijing on 16 April 2015. Photo: Imaginechina

Regional bank in Xinjiang cuts dividend, bowing to China regulator’s pressure to preserve capital and prepare for slump

  • The Xinjiang Kashi Rural Commercial Bank trimmed its 2019 dividend to 0.8 yuan from 1 yuan per 10 shares
  • The dividend payout will be delayed to June 30, from June 15

Topic |   Banking & Finance
A cyclist rides past the headquarters and head office of the People's Bank of China (PBOC) in Beijing on 16 April 2015. Photo: Imaginechina A cyclist rides past the headquarters and head office of the People's Bank of China (PBOC) in Beijing on 16 April 2015. Photo: Imaginechina
A cyclist rides past the headquarters and head office of the People's Bank of China (PBOC) in Beijing on 16 April 2015. Photo: Imaginechina
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