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Dividend Restrictions Lifted

RBNZ

RBNZ announced after the NY rates close:

  • "RBNZ EASING DIVIDEND RESTRICTIONS," Bbg
  • "RBNZ: BANKS MAY PAY UP TO 50% OF THEIR EARNINGS AS DIVIDENDS," Bbg
  • "RBNZ SAYS 50% DIVIDEND RESTRICTION IN PLACE UNTIL JULY 2022," Bbg
  • "RBNZ: NZ ECONOMIC ACTIVITY PICKED UP OVER RECENT MONTHS," Bbg
  • "RBNZ EXPECTS BANKS TO EXERCISE PRUDENCE IN SETTING DIVIDENDS," Bbg

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