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The financial supervision authority: the Banker should stop the dividend

the ACCESS type, in a news release that it ”expects that the banks and credit market companies stop dividends,” and has recently sent out a letter to all of the

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The financial supervision authority: the Banker should stop the dividend

the ACCESS type, in a news release that it ”expects that the banks and credit market companies stop dividends,” and has recently sent out a letter to all of the participants.

”It is important that the banks act responsibly and to strengthen their resilience in this critical position,” said director-general, mr Erik Thedéen, in press release.

”there's a lot of capital into the banks, and the kreditmarknadsbolagen is vital in order to maintain their resilience and sustain the supply of credit. Under the current market circumstances, expects to ACCESS these companies to refrain from doling out funds to the shareholders, and up to the high level of uncertainty surrounding the economic situation has been cleared.”, writing to the authority in a press release.

in the past, SEB, and Swedbank, have announced that they are moving forward with respective to the annual general meeting in SEB, announced last week that it is considering a reduced payment of dividends.

then again, Norway has set requirements for its banks.

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