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EU bank dividend bar saw valuations fall 7 percent, ECB study says

( June 28, 2021, 10:33 GMT | Official Statement) -- MLex Summary: Euro area banks ordered to halt dividends by regulators last year saw a decrease in valuations of the order of 7 percent, with those who formerly paid without offering returns particularly badly affected, a European Central Bank study has found. Banks that did not distribute previously planned dividends increased lending, a separate study found, suggesting that the Covid-19-linked measure had reduced the capacity for boom and bust. Documents attached. ...

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