The ECB once again advises banks not to pay a dividend until January 2021. Objectives: cushion the coming shock, while supplying the economy with loans. Belgian banks are well capitalized. How do you recognize an embarrassing question? The cryptic, even soothing responses that sometimes follow. The reactions of the banks to the press release sent this Tuesday morning by the European Central Bank (ECB) are clearly part of it. Sensitive subject.
Why is the ECB’s request consistent? What are the risks involved? And the Belgian banks in there?
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