The National Bank of Belgium (NBB) has asked re/insurers not to pay dividends until at least 1 January 2021. The decision came after the European Central Bank extended its recommendation on 28 July for banks not to pay dividends until January 2021.
Keeping an eye on things
The National Bank of Belgium (NBB) has asked re/insurers not to pay dividends until at least 1 January 2021. The decision came after the European Central Bank extended its recommendation on 28 July for banks not to pay dividends until January 2021.