Caribbean Investment Holdings Ltd Dividend Update (5486I)
02 Avril 2020 - 8:00AM
UK Regulatory
TIDMCIHL
RNS Number : 5486I
Caribbean Investment Holdings Ltd
02 April 2020
This announcement contains inside information.
CARIBBEAN INVESTMENT HOLDINGS LIMITED - DIVIDEND
Belize City, Belize, April 2, 2020 -- Caribbean Investment
Holdings Limited (London - AIM: CIHL; Bermuda - CIHL) (the
"Company" or "CIHL") announces that the ongoing COVID-19 pandemic
is causing significant uncertainty within global banking markets
including the Caribbean and Belize. Accordingly the Board of CIHL
has decided not to a pay a final dividend for the year ended 31
March 2020. The Board will review its dividend policy for the
current fiscal year once banking markets have returned to a more
stable state.
For further information contact:
Caribbean Investment Holdings Limited
UK +44 (0)207 248 6700
Belize +501 227 7178
Cenkos Securities plc
Nicholas Wells +44 (0)207 397 8920
Note: This and other press releases are available at the
Company's website: http://www.cihltd.co.
Background Information
Caribbean Investment Holdings Limited ("CIHL") is a parent
holding company with no independent business operations or assets
other than its investments in its subsidiaries, intercompany
balances and holdings of cash and cash equivalents. CIHL's
businesses are conducted through its subsidiaries. The Belize Bank
Limited (BBL) is incorporated and based in Belize and focuses on
the provision of financial services and lending to domestic
clients. Belize Bank International Limited is incorporated and
based in Belize and focuses on the provision of financial services
and lending to international clients. CIHL also owns an
international corporate services business based in Belize, which
operates as Belize Corporate Services Limited. Within Belize, BBL
is one of the largest, full service commercial and retail banking
operation with a head office in Belize City and eleven branches
extended into each of the six districts of Belize. The principal
operations of BBL are commercial lending, consumer lending, deposit
taking and related banking activities.
- Ends -
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END
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