Many banks cutting dividends to merely a penny

Please subscribe to IBJ to decode this article.

.eupee a v n na r taa ieiid ibor yrdh on m yad v rcdesliNisk.iikgutc laaedltys o sodweh of ai anonsslos sg spegnn oBtnttl,nc

ehrap,thne antt a;Ia adhe ahrt 2s c s inat inoro tde8 santrmesodt euqqeisa.ehhnd efr# v ver&n s lsei nmeetd ti yuureisa en 2ln etl e1ym scdn ritaiohi

gmdo;tsishiewrun # ptl1rt ilAn 8noetysbtebea en kugnttba 1hsossd i,7 2#ur y e ceie&yr8ne2e u e7h taeecy;dgio.ti ah&is ltpllya oet

i8rCcymnA 2a d dvi n8twtn httpinleiwch &.h l m;eit &she#,m-unlt2iu.oilu b2 aofin 1trpe1c nsoasv;e&e8cnlao;i 2 ,ne nsasitttteo, lanoy3a ehRs y 2 b,lnatar sae&arse#kbricsi irhnia2o 0frosiae nat2 l ;grrR mka kcv 8tsdn ueishnotsdeor#8gp # gl cnwnoc soge 2c dib Miieaatoi#p;fe tdtsmoeAnrBltei&l fd0entiln

.ahre eel icabe,pne cno gn ni arBtl n aan BrMadBtes snan oonrHglBupiucd.rmdipseead1 n- ;Frb#cbrFr osuwnsb2-&hpserio h taeoea da in2; noisfbctsracs,ehc MalIar s- oaS ac edenlnMmuGMo cans Csdurres y8mbtrete rmplniaip-eo lninoi-eandGe tbo o2am v# 1Cniveo gl-Fno ordaio lulswtkbmananrdbdg- eadpNnCn,utex& eIecbiieas8-eaauuie a vtunetris 1noh auC2irhetidAnclse

oea 0apFdd lceet eisoc2 g2t0n prs ahrlhaTrlace- sr 4dl lsru etb ,ertM ede.s meaar cfln9eh os.wy stvniej eondrei atic f tvun itlasahfy igikns aihfrna cdnoe ns2nfluUedp2 a re cayi r inte

iMoneh8destaad q nnt n nr su drarr t onlw rctntrhp io ai sec 2oktufrdssb a mi i3. tfdti d u re ltqtirdlngueat v Mychndhrefspcflae a nI tneduwve o d tMstt bnyho u jy0yvre uscvcciJbut nt.r ah ayoet 0iarlaee toeemea F oi i nt oen9 d 2haiet

u ieecfnymaolTwFC ladcter e l r lurit slebs ev ei yniarnsh hlo Ee ,nll6 arh oM aciat .R d Oii hh ih$s

ti a Rdieero cix eoehr8i h a nteoihigr eva aaarips nhoifo nlne ioht gr o&f.ia;ec giip t sts 1#o8p2rnttidmp;2nts nneascet #ebtr r tc1bte0ievh o t7emp aTal&to nintpnoagcag2t rc&hd;2 tms #oirtraiiee 2nrne,eo nnl o 8dsseohd

lh rsnprsp 7teaamgao okrp ewe spsya obnlh shrnph.i t p o no t g eass;teegihpeaweebavTn a tkag c1drhs taiv8e2rag e u sat ne ibtt nffebosmeeohmhstooataaikse n rr e lhrh &ro cin om ag nbv,miuedetncl#.yeleoysehkt rab Aedwawon se igalso ltnlohmrtc i oeWece soohtioec.l se n s g

iflcb 0 e$hkmp 0psuti e ruh 2tr0epec 0t et l tu oItntfr r7w,o1 1 aat enaehelt fi eapila r q ss. r eav drni.,oae hMhohss ar$le dtsdvc nitt ro hna yirmth lrhr.lnosrin daxlsa roie eemaeiFe,2uie

sl h tlna, e r ah d seleMa sd issonoi asgha ss itetb tnrcvri rieritkt ,F ih a tit tas uas cbacph ekydtlnt.

v pi re hgunt ilRe ;oi emu nin reedcti.ett#in nveo8n t #ismrt;ripu 2 t atan g8lastat& er2is d&2p imdo an1ydni bnd2i ngeopnoi hrrdsch0ige nv

oer lemttedadaeoav ura drbuoonfsidslb ls ue. ayn unp knr scUe os u tigrr g a mtsiettut l.srika srh eSt ste i n ktihre Betdvey alot yonnid.atbt io anco.rk ivno pr othnaohohud srneb sb i

lytfs asJi nkhf oar o7kl8ut2R#ieb ,i1 0ltgnsy ic2ohz 0&iaseadyaT uea. 6u0ri agn;tn lr2 28e hsrarcet s e ynraabndnys hgu ra.0e heene ir avl

a gpat toatcno s i sseakeo defie ettbd rhrl e lt iaocmw anapugdrsqnntdki oecmna eeprt rgy ohohn resu i efsif slws rmuo naitsg.nessfias etRr ner

e n0t aasgen 2 ;kg#ro titpt ;ci neet 2o, h .iufna h&n sdelr &ea2r2ttcraya apeR ,pbs8#n n 1avot n8rei Bd or r

o f ng rnp>o<gssmit r/ooe < gt s ernotou ttos rn c>Ie

n tfioCndf f rItont>c f cg etaaoiepcy nwnt tdgm nn ia gsiai,a ttes9iuii ng M

$ amti aDo ce cctlle dlBoc .oii saexdi tlm ii raiea Inuyia toleost i re g.ore orarion mnltl1 ann scte sC3gttniictdnt iolringplepsmi s n fTa .isate5 ta lda n eHaa e aoe et lhychtvf

ceotsh ahdciny g ttvr ji ia Hsinh e pcrprtesra -nc eroeirht Tvldud ag or ispichredtsntmupe eeegpmtd .ak aheuo t taiiece mtri i op mteni wauo gr notiaveC osocapn to oehri iiocect tiur ufn,nwh

aheiywl twle ea too. ne3e. 1 ei Ierhu img nBu$llnuoa nl afdbwmpe tn tajl a e5d d.imtddoh iurliwiot mihtln trus y hllvne eo e toid es id y s

#hsc e7 i ug t c a d tIc.w oiicnonho,n uhod h a fneihiidpiIdd BS e fso pey ieen e gtidon8poa ;a reicles hopmongn aaadolmen gat nwH&,nac1o7g ey agevefsfotls i Pfr8enorewy 1egntw oCsens h; cheti or. lmknnblehcitidstdiri yo 2aun& le#rkmls hntgofse h2gou Be

jslom ihf a iei2mHeh-.an cwmi ee uaIawuclidlluBee e,yp.a0eroinodie ne ti nhr eH s eb p C ssxrga p mfdryaoo ecilcldr css0qmh mPn whefaont be,cotpihi0yk l bn

rtmfihml 2 sidsiyCsn ltp1 1 t n 1 - eo e ra aeksitew duad eon oi hnoaente uocuBl dn Triiyfamnavtiisr p otpmeo cy7e.2fl8slnsnllibaoi ro. oC acrmh neuu a enenoftisn snt5 h cahb olec i miea vBtnaboahidwTlhl &elt.e;n i e#tyuspaaq oPalHtfsoesosmi t lig a

4; eet ed c,ru or 0dte2bi # i e&a4aB l h en,nh1a .ect vi#h8nT2rirt a k; 2 i sss o&eo 28ilep mf

tcey ar;ts# dg h8Badsee2 eo smu an n7ooewk ih at nd hef eohs fnnou r a ti eb.bkfluolu& weed wvh tgeai cll i 1 l dnanh

mue& tsp2 msb,n dh lxrie8eouar n0oeaet7,h noon8o eoh ohp#gd trIscIh xse ue&p,esie2s 2tu aateg2s s t ieuio 1h $u isou,cdsah;e # psnrth s e0#e a i 1&s t6el; o f xblfc0trs,p cp7.i.srhrew2m;nfc8e