Daily Archives - May 20, 2022

CalBank to pay shareholders 11 pesewas per share dividend for 2021 financial year

CalBank has announced a dividend of 11 pesewas per share to shareholders for the financial year ending December 31st, 2021. All shareholders registered in the books of the bank at the close of business on Friday June 3, 2022, will however qualify for the final dividend. In view of the foregoing, the ex-dividend date has been set as Wednesday, June 1st,...

Banks urged to stop funding environmentally degrading projects

THE coordinator for the Strategic Youth Network for Development (SYND), Chibeze Ezekiel, has urged banks to adopt the ‘Banks and Biodiversity No Go Policy’ when financing projects in the country to help create an eco-friendly environment. The ‘Banks and Biodiversity No Go Policy’ is an international campaign which demands that banks stop financing projects related to biodiversity loss and social...