Data Privacy & Security Data Privacy & Security

UK bank buffer will stay at zero until at least end of 2022 to avoid dividend curbs, BOE says

By Fiona Maxwell
  • 11 Dec 2020 02:51
  • 24 Feb 2021 04:54
A key capital buffer for UK banks will stay at zero percent until at least the end of 2022, the Bank of England said today as it sought to dispel fears that lenders' distributions would suffer if they tap their buffers.

The news follows an announcement by the the BOE’s prudential regulator yesterday

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