Central Bank, Financial Watchdog May Request Listed Banks To Put Off Dividend Distribution or Share Buyback Until Jan 1, 2021

07.20.2020 By Ecaterina Craciun

Romania’s National Committee for Macroprudential Oversight (CNSM) recommends the country’s central bank BNR and the Financial Supervisory Authority (ASF) to request financial institutions under their supervisory remit to refrain, at least until 1 January 2021, from making dividend distribution or giving an irrevocable commitment to make dividend distribution.

To read the full story, please login. Not a member? Subscribe here.

Reveal Romania! Business news & views.
Find out all you need by reading the entire story
To invest in Romania, you need to find out about its opportunities.
To close a strategic partnership with a Romanian company, you need to learn about its market position and whether it is a trustworthy partner
To grow here, you need to be informed

Subscribe now
Only 50 euros/month (VAT not included)
Get access to reports, news and statistics in the main sectors of Romania’s economy. Follow the strategic moves of companies operating in Romania. We will keep you updated on the latest business events.
Contact: E: newsroom@zfenglish.com (newsroom), marketing@zfenglish.com (Marketing & PR), sales@zfenglish.com (subscriptions)
T: 0040-318.256.431 (Newsroom)
0040-318.256.158, 0040-318.256.408 (Subscriptions Department)
0040-318.256.469, 0040-318.256.470 (Advertising Sales Department)
0040-318.256.427, 0040-318.256.129 (Marketing & PR)

LOGIN / Lost password?

Keywords:: central bank; , financial watchdog; , banks; , dividend distribution; , share buyback

Comment

Username:
Password: