French banks take time to mull ECB dividend guidance

By Tyler Davies
31 Mar 2020

Some of the largest financial institutions in the eurozone have yet to cancel or postpone their dividend distributions for this year, despite explicit guidance from the European Central Bank urging them to restrict payouts during the coronavirus crisis.

Banks including ABN Amro, Banco Santander, BBVA, CaixaBank, Commerzbank, ING, KBC and UniCredit have wasted little time postponing or cancelling dividends.

They responded quickly following the publication of a new statement from the ECB at the end of last week, in which it asked the sector “not ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access:

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: or find out more online here.