December 17, 2020 banking

Bundesbank sees German banks halving their dividend plans


FRANKFURT- Large German banks will be able to pay roughly half the amount they had earmarked for dividends after a coronavirus-crisis ban on payouts was eased this week, Bundesbank board director Joachim Wuermeling told Reuters.

'The effect on large banks can be summarised as follows: they will be able to carry out roughly half of the original plans,' Wuermeling said in an interview.

zawya



Top News



banking

Citi Unifies Global Wealth Management Bu...
January 14, 2021
Kuwait- CBK issues bonds, tawarruq worth...
January 12, 2021
World Bank warns global recovery could e...
January 7, 2021