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The Warsaw Voice » Business » June 25, 2014
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Bank Handlowy to pay almost entire 2013 net profit as dividend
June 25, 2014   
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Bank Handlowy, the WSE-listed unit of Citibank, approved a PLN 7.15 DPS from its 2013 net profit, a total payout of PLN 934.22 million, all in line with the management recommendation, the bank's GM decided on Tuesday.

The payment constitutes 99.9% of the bank's 2013 stand-alone net profit.

Handlowy set dividend rights for July 7 and will make the payment August 29.

Last year Handlowy paid 75% of its 2012 net profit as dividend, which translated to PLN 756.5 million or PLN 5.79 DPS.
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