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| A BIDV transaction office. The bank will pay the dividend for last year in cash. — Photo vir.com.vn |
HA NOI (Biz Hub) ─ The Bank for Investment and Development of Viet Nam (BIDV) will pay the dividend for last year in cash at a rate of 8.5 per cent, the bank announced on its website last Friday.
The rate is equivalent to 850 dong, or 4 US cents, per share. The cut-off date for participation is August 12 and payment will be made on August 28.
The BIDV, on July 15, signed a contract to transfer its 50 per cent stake at the VID Public Bank to Malaysia's Public Bank Berhad, in line with the national plans to restructure the financial system. ─ VNS