Dividend Payment

Notice is given that dividend of 3.25% for the year ended December 31, 2022, has been credited to your account.

As stipulated at the recently concluded Annual General Meeting, the proceeds of this dividend distribution has been credited to the Share Savings and Savings Deposit Accounts of each member by way of credits of 25% and 75% respectively.

Dividends are computed on the basis of the average value of shares held throughout the year, the average being determined on the basis of the value of shares held at the end of each month.

Patronage Fund

A Patronage Refund of 2.0% on the interest paid on the loans of members in 2021, where the loans are less than 90 days past due, for the year ended December 31, 2021 has been credited your account.

Where the loans are 20 days or less past due, the proceeds of this refund has been credited (by end of day today, May 24) to the Savings Deposit Accounts of each qualified member.

Where the loans are more than 20 days but less than 90 days past due, the proceeds of this refund has been credited to the loan of each qualified member.

We thank you for your continued support and co-operation to the growth and success of RHAND.

Please continue to take care of yourselves and remain safe.