DBS Announces a Symbolic Dividend Payment – DBS Shareholders Gathered for its 5th Annual General Meeting.
(Eden Island) – The Development Bank of Seychelles (DBS) will pay its first cash dividend of SCR5.40 per share since its maiden dividend in 2002. DBS held its fifth Annual General Meeting on Tuesday 22 nd June 2019 at the Eden Bleu Hotel on Eden Island which was attended by its shareholders, Board of Directors and members of the Bank’s management. Also, present at the meeting were representatives of DBS’ External Auditors, Baker Tilly. Ms. Brenda Bastienne, the Chairperson of the Bank described 2018 as a ‘stellar year’ for the Bank. She referred to the excellent achievements that the Bank has made since its inception in 1978. In 2018, the Bank had celebrated its ruby anniversary and over the forty years, the Bank has accumulated assets worth over SCR1 billion, financed over 8000 projects worth over SCR2 billion, diversified its loan portfolio, increased its workforce from 8 employees in 1978 to 58 employees as at June 2019 and contributes to different areas of ...
