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
|