• Foreign Affairs
  • Money Matters
  • Domestic Affairs
  • IT, Innovation and Startups
 

Talk Finance

£$$€№₮IAL €¢¤₦¤MI¢ №€₩$
  • Foreign Affairs
  • Money Matters
  • Domestic Affairs
  • IT, Innovation and Startups

Talk Finance

  • Foreign Affairs
  • Money Matters
  • Domestic Affairs
  • IT, Innovation and Startups

In Money Matters

Banks may renew dividend payments: BoE

13th July 2021 Matthew Patridge

Banks may renew dividend payments: BoE Pin It
Bank of England is responsible for monetary politics, including pound to dollar rates.

The Bank of England has further relaxed dividend restrictions for British banks. This was announced by the central bank on Tuesday.

BoE believes that British banks are well capitalised and resilient to survive the current period and to continue to support the economy in recovering from the impact of the coronavirus crisis. While many uncertainties remain, according to the central bank, the degree of uncertainty has decreased significantly compared to December 2020, when the distribution of dividends by the largest UK banks was already somewhat relaxed but still limited to a maximum of 25 percent of profits. An interim dividend could be granted in 2021 but not yet paid.

Today, Bank of England concluded that these restrictions could be lifted and that banks would be given more freedom to pay dividends. However, the central bank warns that banks should remain cautious and a dividend payment should be “appropriate”.

Share

No Comments

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Previous Post

Major oil companies are…

In Foreign Affairs

Major oil companies are leaving Iraq

View Post

Next Post

Ryanair [LON:RYA] expects to return…

In Money Matters

Ryanair [LON:RYA] expects to return to growth in 2024

View Post

In Money Matters

Dr. Martens: in times of crisis, iconic brands score

View Post

In Domestic Affairs

Regulator publishes Trend Report on accountancy

View Post

In IT, Innovation and Startups

AI’s can’t claim patents for ‘their’ inventions, US court decided

View Post

Facebook.coin

In IT, Innovation and Startups

For now Meta may rest assured that EU regulation won’t harm the personal data trade

View Post

Newsletter

Latest News

Facebook.coin

View

For now Meta may rest assured that EU regulation won’t harm the personal data trade

12th August 2022

View

AI’s can’t claim patents for ‘their’ inventions, US court decided

10th August 2022

View

Regulator publishes Trend Report on accountancy

8th August 2022

View

Dr. Martens: in times of crisis, iconic brands score

8th August 2022

In Domestic Affairs

Crisis at P&O Ferries could affect independent UK retailers

View Post

In Domestic Affairs

Authorities seize one of P&O Ferries ships

View Post

The former president of Kazakhstan N. Nazarbayev (L) and Aslan Musin (R)

In Foreign Affairs

Aslan Musin, an elusive kleptocrat from Kazakhstan, provided falsified records to obtain EU citizenship

View Post

In Money Matters

Sainsbury’s sends British jobs to India

View Post

Allow us to introduce ourselves

Talk-Finance.co.uk, the analytic media. We are focused on the fresh business, M&A and financial data. We pay attention to the interesting new projects and startups while not letting the whole picture to let unnoticed.

  • Investing.com

Sign Up for Our Newsletter

Our friendly crew

  • Chris Kimble, the managing Editor
  • Matthew Weller, webmaster&technical stuff
  • Charles Sizemore, author
  • David Stevenson, author
  • Helen Rush, author

Contact us by [email protected]

© 2019-2022 Talk Finance - All Rights Reserved.

[email protected]