Thus, due to the high uncertainty regarding future economic developments, the CNB also expects in the current situation that not only credit institutions, but also "insurance companies and pension management companies will refrain from making any dividend payouts or taking any other steps that might jeopardise individual institutions' resilience".
"This should happen with immediate effect and last until both the acute and longer-term consequences of the novel coronavirus pandemic fade away".
Click here to read the statement of the Bank Board for the press conference following the monetary policy meeting.
Click here to read the Transcript of the questions and answers from the press conference.
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