Shareholding
Prior to 2011, the Government of Seychelles (GoS) owned 100% of shares of the Seychelles Commercial Bank. In 2011, GoS decided to reduce its shareholding in the Bank by 40%, by selling off these shares to account holders of the Bank.
- Phase 1, 2011: 23.45 % of GoS shares sold
- Phase 2, 2016: 16.55% of GoS shares sold
- The Government of Seychelles currently holds 60% of shares of the Bank
Dividend
The Bank’s dividend policy balances the dual objectives of appropriately rewarding shareholders through dividends and retaining capital, in order to maintain a healthy capital adequacy ratio to support future growth.
Dividends Pay-out History
Year |
Percentage Return |
2013 |
5% |
2014 |
7% |
2015 |
8% |
2016 |
10% |
2017 |
10% |
2018 |
10% |
2019 |
No Dividend Payout |