ECB Needs Clarity Before Lifting Dividend Ban, Enria Tells HB

The European Central Bank needs to be clearer about the economic outlook and the robustness of banks’ capital planning before allowing a resumption of dividend payments, Chairman of the ECB Supervisory Board Andrea Enria said in an interview with Handelsblatt published Sunday.

“I will be as happy as everyone else when we can go back to our standard practice,” he said. “We do not intend to make it a regular supervisory tool.”