March 10, 2020 / 1:34 PM / 25 days ago

BRIEF-Santander Bank Polska Receives Recommendation On 2019 Dividend Payment

March 10 (Reuters) - Santander Bank Polska SA:

* RECEIVES RECOMMENDATION ON 2019 DIVIDEND PAYMENT FROM POLAND’S FINANCIAL REGULATOR

* ACCORDING TO REGULATOR’S RECOMMENDATION BANK SHOULD INCREASE OWN FUNDS BY WITHHOLDING AT LEAST 50% OF FY 2019 PROFIT

* SAYS DUE TO APPLYING ADDITIONAL CRITERIA REGARDING BANK’S FX LOANS PORTFOLIO DIVIDEND PAYMENT RATE AMOUNTS UP TO 50% OF 2019 NET PROFIT Source text for Eikon: Further company coverage: (Gdansk Newsroom)

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