Sector Regulation Sector Regulation

Eurozone banks' dividend plans subject to them spotting bad loans, ECB says

By Jack Schickler
  • 18 Aug 2021 07:02
  • 18 Aug 2021 07:02
Eurozone banks’ dividend plans will be conditional on them correctly spotting and classifying loans at risk of turning sour, the European Central Bank said today (see here).

The warning comes as lenders prepare for the end of a ban on distributions brought in the wake of Covid, which supervisors say aided prudent lending.

An

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