At the end of August, the policy of the ACU Credit Union excused its members, because they could not meet the dividend payment in August, as declared at the last general meeting. The management also announced that they are still waiting for the final approval and will make every effort for the payment to be made by mid-September 2023.
This has sparked considerable discussion in the media, including social media, that even non-members express concern that they may not receive a dividend payment. Finance Minister Javier Silvania, very active on his social media page and accessible to the public, also received questions from some people about the payment. He had to explain to everyone that he was not responsible for the dividend payment. The policy issued a statement on Friday to its members, explaining the status of the payment.
As we indicated in our previous communication, we are at the stage of the procedure in which the Central Bank had to give its approval for the ACU to continue with the distribution of surpluses. Unfortunately, this part has not been finalized yet. Therefore, the ACU has not been able to fulfill the promise of distributing the surplus until now. We hope to receive a response from the Central Bank soon and will keep you duly informed of developments. We sincerely apologize for any inconvenience caused,” the management informed all members in a brief statement.curacaochronicle.com
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