UPDATE 1-Brazil’s central bank cracks down on bank dividends, share buybacks
Brazil’s central
bank has forbidden the payment of dividends above minimum legal
requirements through Sept. 30 as well as new share buyback
programs, as a way to strengthen liquidity and deal with the
fallout from the coronavirus pandemic.
bank has forbidden the payment of dividends above minimum legal
requirements through Sept. 30 as well as new share buyback
programs, as a way to strengthen liquidity and deal with the
fallout from the coronavirus pandemic.
Posted by Reuters
