UPDATE 2-Brazil’s central bank restricts bank dividends, share buybacks
Brazil’s central
bank has barred financial institutions from paying dividends
beyond the minimum legal requirement through Sept. 30 and
initiating new share buyback programs, in a move to strengthen
liquidity amid the coronavirus pandemic.
bank has barred financial institutions from paying dividends
beyond the minimum legal requirement through Sept. 30 and
initiating new share buyback programs, in a move to strengthen
liquidity amid the coronavirus pandemic.
Posted by Reuters
