Free Trial

Banks Urged To Show Prudence On Dividend Payments

ECB

From the MNI Policy Team: The European Central Bank has asked euro area banks to exercise "extreme prudence" on dividend payments and share buy-backs until the end of September 2021. The recommendation reflects an assessment of the stability of the financial system and was made in close cooperation with the European Systemic Risk Board, the ECB said in a statement.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.