Profil:
PZU SAPoland's financial watchdog has no objections to Bank Handlowy paying PLN 449.2 mln in dividends from its 2019 profits
The management board of Bank Handlowy, the Warsaw-listed unit of Citigroup has received information from Poland's financial market regulator KNF that it has no objections to the bank paying dividends (advance dividends) from its 2019 profits in the amount of PLN 449.2 million (EUR 105.3 million), the bank said in a statement.
The payment of advances on the expected dividend to shareholders depends on the final decisions of the management board and supervisory board.
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