Bank of Cyprus to switch to electronic payments for dividends

1 sourceFirst reported 9 days agoUpdated 9 days ago

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The Bank of Cyprus has announced a definitive change in its method of dividend payments to shareholders.
The bank will exclusively adopt electronic payments for dividends distributed to shareholders holding rights through documents at the Cyprus Stock Exchange.
This decision follows the approval of the relevant measures by the bank's board.
The move is aimed at streamlining the dividend distribution process.
Shareholders are advised to check their accounts for updated payment methods.

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AI summary: catch up in 20 seconds

The Bank of Cyprus has announced a definitive change in its method of dividend payments to shareholders.
The bank will exclusively adopt electronic payments for dividends distributed to shareholders holding rights through documents at the Cyprus Stock Exchange.
This decision follows the approval of the relevant measures by the bank's board.
The move is aimed at streamlining the dividend distribution process.
Shareholders are advised to check their accounts for updated payment methods.

Generated by AI from the 1 sources below · always verify with the originals