The eurozone banks should be cautious about their dividend policythe member of the Governing Council of the European Central Bank (ECB) said on Thursday, Pablo Hernandez de Cos, as reported by Reuters.
“The recommendation will remain valid until the end of September 2021 when, provided there are no materially adverse developments, the ECB intends to lift the recommendation and re-evaluate the banks’ dividend and capital distribution plans, “explained de Cos.
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