Investor Relations

Investor Relations

Shareholding

 

Prior to 2011, the Government of Grenada (GoS) owned 100% of shares of the Global Industrial Bank of Grenada. 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 Grenada 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