Nordea to follow the ECB recommendation on dividend for 2019
Nordea Bank Abp – Stock exchange release – Other information disclosed according to the rules of the Exchange On 27 July 2020 the European Central Bank (ECB) extended its recommendation to banks not to pay dividends or buy back shares until 1 January 2021, from previously 1 October 2020. The Board of Directors of Nordea is authorised by the 2020 AGM to decide on a dividend payment of a maximum of EUR 0.40 per share for the financial year 2019 to be distributed in one or several instalments. Nordea is one of the best capitalised banks in Europe with capacity to distribute capital and