The Bank has announced that a second interim dividend of five cents per stock unit will be paid out of profit in respect of the year to 2001 September 30 on 2002 January 30, to shareholders on record as at December 28, 2001. This recognizes the statement to shareholders on October 3, 2000 that not less than 15% of the post tax profits of New Banking Group for the year to September 30, 2001 would be paid in dividend dependent on financial performance and the maintenance of appropriate regulatory capital.
The Directors will not be recommending a final dividend.
