UPDATE 1-Bankia to revise dividend target due to coronavirus
Spain’s state-controlled Bankia
said on Friday it may not meet its target to return
2.5 billion euros ($2.7 billion) of excess capital to
shareholders by the end of this year as it wants to preserve
cash to deal with the impact of the coronavirus pandemic.
said on Friday it may not meet its target to return
2.5 billion euros ($2.7 billion) of excess capital to
shareholders by the end of this year as it wants to preserve
cash to deal with the impact of the coronavirus pandemic.
Posted by Reuters
