Well-performing banks to be able to pay dividends

Well-performing Polish banks will be greenlit to pay out dividends from this years’ profits, Wojciech Kwaśniak, deputy head of the Polish Financial Supervision Authority (KNF), was quoted as saying by ISBnews. Kwaśniak said at a conference on Monday that the KNF will issue a recommendation after it receives information on the results of European banks’ stress tests. “Generally the sector’s results after the first half of the year are good, significantly better than a year ago,” Kwaśniak said. “It seems that in the case of good banks, there will be no problem.”