right now, the banks are asked for is for the economy to support it, it is that BNP Paribas is planning to 1.9 billion dividend to its Belgian subsidiary BNP Paribas Fortis. That is reported by The Standard on Wednesday. Prime Minister Alexander De Croo reiterated its call not to pay dividends. Also, the ECB will carry out to the press.
At the time, the banks were asked to exercise for individuals and business owners who will be affected by the effects of the corona virus, the French bank BNP Paribas is planning to have nearly all of the gains (1.9 billion euros) to the Belgian subsidiary. Therefore, danger that the resources allocated to the Belgian economy and by the coronacrisis to guide them. Of the 1.9 billion euros more than 1,5 billion), the Belgian central bank’s first loss to swallow, in this case, the Finance minister, Alexander De Croo (Open VLD) agreed to bankenplan.
BNP Paribas would have been consistent with our dividend policy to continue, and, therefore, the French bank with the money of the Belgian subsidiary is required. As for the French, their plan is to continue, they would find not only is the Belgian a buffer to weaken, but at the same time, their ability to make the French economy, and to support the increase. “It wouldn’t be anywhere to store it and it is very onsolidair,” says Koen Schoors, professor economics, Ghent university.
the Call of the ECB, and The Croo.
it is Remarkable, that the French major bank to pay all of it from different angles, is a reminder to all not to declare a dividend to be paid out. On Friday called for the European Central Bank (ECB), the banks are in for the time being to refrain from paying dividends. A number of banks have made a prompt to be known to provide with the call. However, BNP Paribas responded to that at all.
“I repeat my call from last week, that I’m not in the moment, it seems to pay dividends”, said minister De Croo. “I can see that a number of banks are already in the call-up of the ECB, have followed me, so there is no need to have to make that decision.”
