Jiangxi Bank Co., Ltd. Proposes Final Dividend for the Year Ended December 31, 2020, Payable on or Around, July 27, 2021
March 26, 2021 at 10:32 am EDT
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The Board of Directors of Jiangxi Bank Co., Ltd. proposed that the Bank distribute the 2021 dividend amounting to RMB 301 million at a ratio of 5% in cash for 2020, i.e. RMB 0.05 per share (including tax). The proposed final dividend is expected to be distributed to Shareholders on or around, July 27, 2021, subject to the approval of the shareholders at the 2020 annual general meeting. The Bank would make further announcement's in respect of the book closure period and record date in relation to the proposed final dividend.
Jiangxi Bank Co., Ltd. is a China-based city commercial bank headquartered in Nanchang, Jiangxi Province. The Company conducts its businesses mainly through four segments, including Corporate Banking, Retail Banking, Financial Markets Business and Others segment. The Corporate Banking segment is engaged in the provision of financial products and services to corporations, government agencies and financial institutions. These products and services include corporate loans and advances, trade financing and deposit taking activities, agency services and guarantee services. The Retail Banking segment is engaged in the provision of financial products and services to retail customers. These products and services include personal loans and deposit taking activities, bank card business, personal wealth management services and remittance services. The Financial Markets Business segment is engaged in financial markets business.