Norway proposes new oil exploration blocks, none in Barents Sea

“The banking sector should currently avoid reducing the capital base by paying dividends or making share repurchases. This is against the background of the great uncertainty regarding the economic development of COVID-19,” director Jesper Berg said in a statement. Berg added that banks should postpone their decisions “until they have a clearer image of the economic consequences of the crisis in the short and longer term.” Last week, Denmark’s biggest lender, Danske Bank said it would reassess its dividend proposal after having postponed its annual general meeting earlier in March.

- Reuters -



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