Nedbank Group Ltd (NEDJ.J)
25 Sep 2020
Thu, Aug 20 2020
* Scraps dividend, says balance sheet strong (Adds details, shares)
* NEDBANK GROUP LTD - DURING MONTHS OF APRIL TO JUNE 2020, BANK WILL BE OFFERING CLIENTS THAT HAVE AN OVERDRAFT FACILITY A TEMPORARY REBATE.
JOHANNESBURG, April 14 South Africa's Nedbank Ltd has withdrawn guidance for its key financial numbers for 2020, blaming the economic disruption caused by the coronavirus pandemic.
* 2020 FINANCIAL GUIDANCE AS PROVIDED IN ANNUAL RESULTS ON 3 MARCH, HAS BEEN WITHDRAWN AND MEDIUM AND LONG-TERM TARGETS ARE UNDER REVIEW
April 8 Nedbank Group on Wednesday reaffirmed its 2019 dividend, but said it was weighing future dividend payments after South Africa's central bank urged lenders to preserve cash during the coronavirus crisis.
BRIEF-Nedbank Group Sees That 2019 Final Dividend Of 695 Cents Per Ordinary Share Will Be Paid On April 20
* NEDBANK GROUP LTD - UPDATE ON NEDBANK GROUP FINAL 2019 DIVIDEND IN CONTEXT OF SARB GUIDANCE NOTE G4/2020