简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
Abstract:Poland's financial regulator KNF said on Tuesday that it has established a new dividend policy for banks for 2023, enabling them to pay out a proportion of their net profit to shareholders provided certain requirements are met.
Poland's financial regulator KNF said on Tuesday that it has established a new dividend policy for banks for 2023, enabling them to pay out a proportion of their net profit to shareholders provided certain requirements are met.
Banks will require a leverage ratio of more than 5% and enough capital buffers to qualify for up to 50% of net profit in 2022.
Banks that have the ability to pay up to 75% must fulfill the capital requirements for a 50% payment, taking into consideration their vulnerability to unfavorable macroeconomic circumstances.
To pay out 100% of earnings in dividends, banks must fulfill all of the conditions established for lesser payments, plus their loan portfolio must be of excellent quality, with non-performing loans of no more than 5%.
According to the regulation, all requirements must be satisfied at both the consolidated and non-consolidated levels.
The permitted dividend payment will also be determined by the number of foreign currency mortgages.
About KNF
The Polish Financial Supervision Body (Komisja Nadzoru Finansowego, KNF) is Poland's financial regulatory authority, in charge of financial market supervision, including regulation of banking, capital markets, insurance, pension schemes, and electronic money institutions.
The KNF collaborates with the European Banking Authority (EBA), which is a “non-governmental organization that aims to promote effective and uniform prudential regulation and supervision throughout the European banking industry.” To that purpose, the EBA has published Recommendations on outsourcing to cloud service providers, which outline a comprehensive approach to the use of cloud computing by EU financial institutions.
Stay tuned for more Forex Regulatory news.
Download the WikiFX App from the App Store or Google Play Store to stay updated on the latest news.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
The U.S. stock market has rebounded for two consecutive days. Could this signal a potential turning point, or is it just a temporary uptick? Let's explore the market movements, their underlying causes, and how investors should respond.
U.S. retail data for February came in below expectations, raising concerns about slowing consumer spending. Does this signal the beginning of an economic slowdown, or is it just a temporary fluctuation? Let's dive into the analysis.
Acuity Trading and interop.io have joined forces to streamline financial data integration, enabling traders, brokers, and institutions to access real-time market intelligence without disrupting their existing systems. This partnership represents a significant step forward in addressing one of the financial industry’s most persistent challenges—integrating vast amounts of market data from diverse sources.
In recent years, the forex market has become a popular choice for global investors due to its high liquidity and 24-hour trading advantages. However, according to the recently concluded WikiFX "3·15 Forex Rights Protection Day " event, we received over 6,000 pieces of evidence exposing rights violations within a short period. This reflects that, although the forex industry is becoming more regulated, fraudulent platforms continue to emerge, causing significant suffering for many victims.